Fiscal policy refers to:
A) changes in government purchases or taxes that have the effect of destabilizing the economy
B) the authority that the Prime Minister has to change personal income tax rates
C) changes in taxes and government purchases made by legislation for the purpose of stabilizing the economy
D) the changes in taxes and transfers that occur as output changes
E) changes in the money supply and interest rates by the Bank of Canada
Correct Answer:
Verified
Q15: Q16: A major advantage of automatic stabilizers is Q17: An economy faces an inflationary gap.Which of Q18: Economists are in general agreement that fiscal Q19: Q21: In an economy with an MPW of Q22: The benefits of fiscal policy include its: Q23: If the federal government attempts to eliminate Q24: Q25: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)political![]()
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