Asked by Abhishek Ranjan on Sep 29, 2024
Which of the following would involve using fiscal policy to affect changes in economic activity?
A) Altering the amount of money in circulation
B) Taxing and government spending
C) Altering interest rates
D) Court-mandated wage and price controls
E) All of these are correct.
Fiscal Policy
Government adjustments in spending levels and tax rates to monitor and influence a nation's economy.
Economic Activity
Actions that involve the production, distribution, and consumption of goods and services within an economy.
- Understand the effects of governmental measures on economic steadiness, covering fiscal and monetary tactics.
Learning Objectives
- Understand the effects of governmental measures on economic steadiness, covering fiscal and monetary tactics.