Which of the following is not a category of fiscal policy? government policies regarding the purchase of goods and services government policies regarding taxation government policies regarding money supply in the economy government policies regarding transfer payments and welfare benefits

Which of the following is not a category of fiscal policy? government policies regarding the purchase of goods and services government policies regarding taxation government policies regarding money supply in the economy government policies regarding transfer payments and welfare benefits

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 1.1P

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Question

2. Which of the following is not a category of fiscal policy?

government policies regarding the purchase of goods and services
government policies regarding taxation
government policies regarding money supply in the economy
government policies regarding transfer payments and welfare benefits

Rules by which an authority (usually a government) imposes a financial obligation on individuals or organizations within its domain. Property or transactions can be taxed. While taxes are primarily intended to fund the operation of a government, many tax laws are created to encourage or discourage certain behaviors by citizens or companies.

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