Multiple Choice
Fiscal policy refers to the:
A) manipulation of government spending and taxes to stabilize domestic output, employment, and the price level.
B) manipulation of government spending and taxes to achieve greater equality in the distribution of income.
C) altering of the interest rate to change aggregate demand.
D) fact that equal increases in government spending and taxation will be contractionary.
Correct Answer:
Verified
Correct Answer:
Verified
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