Fiscal Policy

question 162

Multiple Choice

Fiscal policy

• A)uses the federal government's powers of spending and taxation to affect employment,the price level,and GDP
• B)uses the federal government's powers over the money supply and interest rates to affect employment,the price level,and GDP
• C)can affect employment and prices,but not the level of GDP
• D)can affect employment and the level of GDP,but not the price level
• E)is most effective when employed by state governments rather than by the federal government

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Definitions:

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