To the Economist, the Term Fiscal Policy Refers To

To the economist, the term fiscal policy refers to:

A) the inequality of private saving and investment in the short run.
B) the use of the spending and taxing powers of government to affect aggregate expenditure and equilibrium output.
C) the role of the private sector in determining the size of gross national product.
D) the attempt by government to finance all of its public spending with tax revenues.