Changes in government spending or taxes designed to stimulate the economy are examples of

Question

Quizplus · Accepted Answer

Fiscal policy refers to the government's use of taxation and spending to influence the economy. Changes in government spending or taxes are examples of fiscal policy. Monetary policy involves changes in the money supply and interest rates, while supply management policy refers to the regulation of the supply of goods and services. Classical policy is an economic theory that advocates for minimal government intervention in the economy, and regulatory policy refers to the government's use of regulation to achieve its goals.

Changes in Government Spending or Taxes Designed to Stimulate the Economy