________ policy refers to the efforts of the federal government to keep the economy stable by increasing or decreasing taxes and/or government spending.
A) Monetary
B) Incomes
C) Fiscal
D) Cyclical

Question

Quizplus · Accepted Answer

Fiscal policy involves government decisions on taxation and spending to control the economy. Monetary policy, on the other hand, involves controlling the money supply and interest rates. Incomes and cyclical policies are not terms typically used in the context of economic stabilization policies.

________ Policy Refers to the Efforts of the Federal Government