The Government's Use of Taxing and Spending Powers to Manipulate

question 41

Multiple Choice

The government's use of taxing and spending powers to manipulate the economy is called

• A)fiscal policy.
• B)budgeting policy.
• C)pecuniary policy.
• D)open-market operations.
• E)social management.

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Definitions:

Public Arena

A space where societal issues are discussed and debated, including physical venues like town halls or metaphorical areas like media platforms.

Defense

The action of defending from or resisting attack, or the strategies and structures established for this purpose, relevant in both military and legal contexts.

Unregulated Markets

Economic markets that lack governmental oversight and regulation, allowing for free operation according to the forces of supply and demand.

Progressive Reformers

Activists and policymakers in the late 19th and early 20th centuries who sought to address issues of social justice, economic inequality, and corruption through various reforms.