The government's fiscal policy is its plan to influence aggregate demand by changing

a. the money supply.
b. minimum wage levels.
c. sales taxes.
d. taxation and spending.

d

Economics

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An increase in nominal GDP could result from an increase in

i. production. ii. prices. iii. subsidies. A) ii only B) i and ii C) i, ii, and iii D) i only E) i and iii

Economics

In the extended version of the circular flow model,

a. resources flow from the government to firms b. taxes flow from foreign economies to the government c. goods and services flow from households to foreign economies d. resources flow from households to firms e. resource payments flow from households to the government

Economics