Fiscal Policy Involves Changes in Government Spending and Taxes,but Not

question 32

True/False

Fiscal policy involves changes in government spending and taxes,but not regulation of prices or production.
Fiscal policy is the use of government taxes and spending to alter macroeconomic outcomes.Regulation of prices or production is not included in fiscal policy.

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Definitions:

Somatic Motor Nervous System

A part of the peripheral nervous system that carries motor commands from the central nervous system to the skeletal muscles.

Inhibits Heart Rate

Inhibiting heart rate refers to various mechanisms or actions that decrease the frequency at which the heart beats, often through the action of specific neurotransmitters or hormones.

Parasympathetic

One of the two divisions of the autonomic nervous system, often referred to as the "rest and digest" system, which conserves energy as it slows the heart rate, increases intestinal and gland activity, and relaxes sphincter muscles in the gastrointestinal tract.

Urinary Bladder

A hollow organ in the lower abdomen that stores urine from the kidneys before it is expelled from the body.