Dr.John Maynard is a professor of economics at a prominent university.Dr.Maynard has recently urged policy makers in our national government to cut taxes and increase government spending in order to pull the economy out of its current downturn.The policy measures called for by the professor are examples of fiscal policy.

Question

Quizplus · Accepted Answer

The policy measures of cutting taxes and increasing government spending are examples of fiscal policy, which involves the use of government spending and taxation to influence the economy.

DrJohn Maynard Is a Professor of Economics at a Prominent