Multiple Choice
Senator Gong Lee is alarmed at the state of the economy.Unemployment is high and GDP is low.Senator Lee has called for Congress to take action to increase government spending and cut taxes in order to stimulate the economy.The actions called for by Senator Lee are examples of:
A) Monetary policy.
B) Fiscal policy.
C) Discretionary income policy.
D) Social investment policy.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Monica notices that just a few big
Q42: There are some restrictions on freedom of
Q54: _ unemployment refers to persons who purposefully
Q79: One drawback of socialism is that it
Q137: Fiscal policy involves the federal government's efforts
Q181: _ studies the operation of a nation's
Q207: High tax rates in socialist countries is
Q289: The main goal of resource development is
Q290: Global economics and politics have no significant
Q294: A major trend in the world today