Complete the Following Using the Terms Listed

question 94

Multiple Choice

Complete the following using the terms listed.
-The use of government tax and spending policies to bring about desired changes in the economy is called _____.

• A)Consumer Price Index (CPI)
• B)Inflation
• C)Gross domestic product (GDP)
• D)fiscal policy
• E)monetary policy
• F)equilibrium price
• G)budget deficit
• H)Pure competition
• I)supply
• J)Demand
• K)Productivity
• L)recession
• M)microeconomics
• N)oligopoly
• O)monopoly

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Definitions:

Death

is the cessation of all biological functions that sustain a living organism.

Pneumonia

An infection that inflames the air sacs in one or both lungs, which may fill with fluid or pus, causing cough with phlegm or pus, fever, chills, and difficulty breathing.

Government Programs

Initiatives provided by the government aimed at meeting public needs, including welfare, healthcare, and education.

Medicaid

A government-funded program in the United States that provides health coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.