Federal taxing and spending is considered _______ policy.

Question

Quizplus · Accepted Answer

Fiscal policy refers to the use of government spending and taxation to influence the economy. Thus, federal taxing and spending can be considered fiscal policy. Option B (laissez-faire) refers to a hands-off approach by the government and is not relevant to this question. Option C (monetary policy) refers to the use of interest rates and money supply to influence the economy, which is not directly related to taxing and spending. Option D (regressive) and E (regulatory) are not relevant to the question of whether taxing and spending is considered a type of policy.

Federal Taxing and Spending Is Considered _______ Policy