Fiscal policy is a change in either government purchases or the money supply designed to change total spending in the economy, thereby influencing the levels of employment and output

Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's security is known as

A) barter. B) redistribution. C) financial intermediation. D) taxation.

Assume perfect capital mobility and a fixed exchange rate system. Then, an increase in government spending would shift the

a. LM schedule to the left. b. BP schedule to the right. c. BP schedule to the left. d. IS schedule to the right.