All of the Following Are Examples of Fiscal Policy EXCEPT

question 129

Multiple Choice

All of the following are examples of fiscal policy EXCEPT:

• A)increasing Medicaid reimbursements.
• B)reducing the money supply to raise the interest rate.
• C)increasing personal income tax deductions for home ownership.
• D)reducing federal subsidies to state universities.

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Definitions:

Replacement Cost

The cost to replace an asset with another of similar quality and functionality at current market prices.

Cost Of Completion

the estimated total expense required to finish a project, product, or service, often used in budgeting and financial projection.

Normal Profit

The minimum profit necessary for a company to remain competitive in its market, covering its opportunity costs.

Replacement Cost

The cost required to replace an asset with a new one of similar kind and quality at current prices.