The economic term used to describe the government's influence on savings and changing the levels of government spending is

Question

Quizplus · Accepted Answer

Fiscal policy refers to the government's use of taxation and government spending to influence the economy. It includes measures to increase or decrease government spending levels, control inflation, and encourage saving. Monetary policy refers to the government's management of the money supply and interest rates to achieve economic goals. Debt policy refers to the government's borrowing and debt repayment strategies. Recovery technique and recovery guideline are not commonly used economic terms.

The Economic Term Used to Describe the Government's Influence on Savings