Government decisions about the level of taxation and public spending are called:

Question

Quizplus · Accepted Answer

Fiscal policy involves government decisions about taxation and public spending to influence the economy. Monetary policy involves decisions about interest rates and the money supply, and is typically controlled by a central bank. Congressional policy and legislative budgeting policy are not precise terms and do not refer specifically to decisions about fiscal or monetary policy.

Government Decisions About the Level of Taxation and Public Spending