the use of government taxes and spending to alter macroeconomic outcomes

What will be an ideal response?

fiscal policy

Economics

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Refer to the scenario above. What will be the capital stock in the economy in the current year, if the capital stock in the last year was $1,000?

A) $1,400 B) $1,200 C) $1,600 D) $1,800

Economics

Suppose real money demand is 1000, real output is 6000, and the price level is 200. What is the level of velocity in this economy?

A) 2 B) 3 C) 6 D) 12

Economics