Fiscal Policy Is

question 105

Multiple Choice

Fiscal policy is:

• A) government decisions about the level of taxation and public spending.
• B) congressional budget office decisions.
• C) the decisions that affect the available money supply in the economy.
• D) government decisions about the level of the interest rate in the economy.

---

Definitions:

Equipment

Tangible property owned by a business that is used in its operations to generate income.

Working Capital

A measure of a company's short-term financial health and operational efficiency, calculated as current assets minus current liabilities.

Accrual

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction happens.