Fiscal policy refers to changes in
A)provincial and local taxes and purchases that are intended to achieve social policy objectives.
B)taxes and purchases that are intended to achieve macroeconomic policy objectives.
C)federal taxes and purchases that are intended to fund tighter airport security.
D)the money supply and interest rates that are intended to achieve macroeconomic policy objectives.
E)credit conditions, such as the requirements to qualify for a mortgage.

Question

Quizplus · Accepted Answer

Fiscal policy specifically refers to changes in government spending and taxation aimed at achieving macroeconomic goals such as stabilizing the economy and controlling inflation. Answers A, C, D, and E refer to other policy tools and objectives.

Fiscal Policy Refers to Changes in