An example of fiscal policy occurs when the government purchases fighter planes from a U.S.manufacturer.
Fiscal policy is the use of government taxes and spending,including spending on fighter planes,to alter macroeconomic outcomes.

Question

Quizplus · Accepted Answer

This statement accurately describes an example of fiscal policy. By purchasing fighter planes, the government is engaging in spending that can have an impact on the economy.

An Example of Fiscal Policy Occurs When the Government Purchases