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

question 29

True/False

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

---

Definitions:

Folkway

Informal norms or everyday habits that shape daily behavior but whose violation does not carry serious consequences.

Peace Sign

A symbol widely used to represent peace; it consists of a circle with three lines within it, projecting an image of a bird's foot or the semaphore signals for the letters N and D, standing for nuclear disarmament.

Symbol

A mark, sign or word that indicates, signifies, or is understood as representing an idea, object, or relationship.

Pheromones

Chemical substances produced and released into the environment by an animal, affecting the behavior or physiology of others of its species.