Fiscal policy is:

A. government decisions about the level of taxation and public spending.
B. congressional budget office decisions.
C. the decisions that affect the available money supply in the economy.
D. government decisions about the level of the interest rate in the economy.


A. government decisions about the level of taxation and public spending.

Economics

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The difference between the national debt and a federal budget deficit is

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a change in saving divided by a change in income is equal to ___________

What will be an ideal response?

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The aggregate demand curve is:

A. vertical under conditions of full employment. B. horizontal when there is considerable unemployment in the economy. C. downsloping because of the interest-rate, real-balances, and foreign purchases effects. D. downsloping because production costs decrease as real output rises.

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There is an inverse relationship between the quantity of money demanded and the interest rate. True or False

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