Fiscal policy refers to a government's choices over its
A) expenditures, taxes, transfers, and borrowing.
B) expenditures, taxes, issuance of money, and borrowing.
C) expenditures, foreign affairs, issuance of money, and borrowing.
D) issuance of money, taxes, environmental regulations, and foreign affairs.
A
You might also like to view...
A country experiencing an international financial crisis will likely
A) be able to maintain growth and prosperity in its domestic economy, but its export sector will suffer. B) see an increase in foreign direct investment. C) see an increase in portfolio investment. D) encounter difficulty in sustaining its economic growth rate.
A tradeoff is
A) represented by a point inside a PPF. B) represented by a point outside a PPF. C) a constraint that requires giving up one thing to get another. D) a transaction at a price either above or below the equilibrium price.
If two countries with diminishing returns and different marginal rates of substitution between two products were to engage in trade, then
A) the marginal rates of substitution of both would become equal. B) the shapes of their respective production possibility frontiers would change. C) the larger of the two countries would dominate their trade. D) the country with relatively elastic supplies would export more. E) the opportunity costs for the smaller country would increase.
Injections to the economy include consumption, investment, and government spending
a. True b. False Indicate whether the statement is true or false