
Fiscal policy refers to
A) the use of fines to penalize unfair business practices.
B) the purchase and sale of U.S. government securities to regulate the money supply.
C) the adjustment of the GDP for inflation.
D) a policy action by Congress to overrule unpopular budget cuts by the president.
E) the use of government spending and taxation to influence the level of economic growth and inflation.
Correct Answer:
Verified
Q1: Government spending must be financed by some
Q2: Figure 13.1 Q3: Fiscal policy affects which two components of Q4: Suppose the equilibrium level of income exceeds Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
![]()