Fiscal policy refers to
A) short-run government monetary policy.
B) deliberate changes in government spending and taxing decisions to affect the level of economic activity.
C) changes in government regulation and/or deregulation.
D) The changing of interest rates by the Fed to affect the level of economic activity.
Correct Answer:
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Q36: The Federal Reserve's monetary policy influences which
Q37: Which institutions are central to the process
Q38: The business cycle describes
A)long-run fluctuations in the
Q39: During periods of expansion, the economy usually
Q40: In a recession,
A)unemployment falls and economic activity
Q42: The spending and taxing decisions of the
Q43: Prior to the Great Depression of the
Q44: The government's economic policy prior to the
Q45: The "Misery" index is defined as
A)the unemployment
Q46: Economics is typically broken down into microeconomics
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