The Term "Fiscal Policy" Refers to

The term "fiscal policy" refers to

A) the use of tax changes to make the distribution of personal income more equitable.
B) changes in the levels of government spending and taxation for the purpose of stabilizing the economy.
C) changes in the level of government spending.
D) the use of taxes and transfer payments to make the distribution of after-tax income more equitable.
E) the use of government spending and taxes to produce an optimal mix of public goods and to correct for various types of market failure,such as the problems that occur as a result of pollution.