Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment.

Question

Quizplus · Accepted Answer

Fiscal policy refers to changes in the government's expenditures (spending) and taxes to achieve macroeconomic objectives. Therefore, the correct answer is D. The other options involve monetary policy tools such as interest rates and the money supply, which are controlled by the central bank, not the government.

Fiscal Policy Is Defined as Changes in Federal ________ and ________

Fiscal Policy Is Defined as Changes in Federal and