Fiscal Policy Refers to the Idea That Aggregate Demand Is

question 88

Multiple Choice

Fiscal policy refers to the idea that aggregate demand is changed by changes in what?

• A) the money supply
• B) government spending and taxes
• C) trade policy
• D) interest rates

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Definitions:

Inventions

Original creations or discoveries that offer new technical solutions or enhance existing ones.

Innovations

The process of translating an idea or invention into goods or services that create value or for which customers will pay.

Patented

A legal status provided to an inventor or assignee granting exclusive rights to use, make, and sell an invention for a certain period of time.

Marginal Benefit

The increase in satisfaction or utility one gets from the consumption of an additional unit of any good or service.