Which of the following is an example of fiscal policy?
a. a change in taxes that affects investment spending
b. a change in government spending on goods and services
c. a change in taxes that affects consumer spending
d. all of the above
Answer: b. a change in government spending on goods and services
Economics
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There was an economic depression in the U.S in 1893 that some people blamed on the gold standard
Indicate whether the statement is true or false
Economics
When PAE < Y the economic response for inventories should be:
A. there will be no change in inventories. B. inventories will increase. C. inventories should decrease initially and then sharply increase. D. inventories will decrease.
Economics