Fiscal policy refers to the: O deliberate changes in government spending and taxes to stabilize domestic output, employment, and the price level. O altering of the interest rate to change aggregate demand. O deliberate changes in government spending and taxes to achieve greater equality in the distribution of income. O fact that equal increases in government spending and taxation will be contractionary.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 3P
icon
Related questions
Question
Q13
Fiscal policy refers to the:
O deliberate changes in government spending and taxes to stabilize domestic output, employment, and the price
level.
O altering of the interest rate to change aggregate demand.
O deliberate changes in government spending and taxes to achieve greater equality in the distribution of income.
O fact that equal increases in government spending and taxation will be contractionary.
Transcribed Image Text:Fiscal policy refers to the: O deliberate changes in government spending and taxes to stabilize domestic output, employment, and the price level. O altering of the interest rate to change aggregate demand. O deliberate changes in government spending and taxes to achieve greater equality in the distribution of income. O fact that equal increases in government spending and taxation will be contractionary.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Comparative Advantage
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
MACROECONOMICS
MACROECONOMICS
Economics
ISBN:
9781337794985
Author:
Baumol
Publisher:
CENGAGE L
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning