Which of the Following Would Be Classified as Fiscal Policy

question 15

Multiple Choice

Which of the following would be classified as fiscal policy?

• A)The federal government passes tax cuts to encourage firms to reduce air pollution.
• B)The Bank of Canada cuts interest rates to stimulate the economy.
• C)A provincial government cuts taxes to help the economy of the province.
• D)The federal government cuts taxes to stimulate the economy.
• E)Provinces increase taxes to fund education.

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Definitions:

Large-volume Clients

Large-volume Clients are customers who purchase goods or services in large amounts, often receiving discounts or special terms due to the volume of their transactions.

Autocratic Leaders

Leaders who make all decision-making within an organization or group unilaterally, without much (or any) input from team members.

Decision-making Processes

The set of cognitive, psychological, and social activities involved in identifying, evaluating, and choosing between alternative courses of action.

Empower Employees

The act of giving staff the authority, resources, and freedom to make decisions and contribute to the company's goals in meaningful ways.