____________ refers to the efforts of the federal government to keep the economy stable by increasing or decreasing taxes and/or government spending.
A) Monetary policy
B) Incomes policy
C) Fiscal policy
D) Cyclical policy

Question

Quizplus · Accepted Answer

Fiscal policy refers to the use of government spending and taxation to influence the economy. When government spending increases or taxes decrease, there is more money available in the economy, which can stimulate economic growth. Conversely, when government spending decreases or taxes increase, there is less money available in the economy, which can help to slow down inflation.

____________ Refers to the Efforts of the Federal Government to Keep