Fiscal policy is policy aimed at controlling undesired fluctuations in overall spending through changes in
A) government expenditures and taxes.
B) government subsidies to marginal business firms.
C) interest rates.
D) methods of making seasonal adjustments.
E) price and wage regulation.
A
Economics
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One typical cause of poverty is a lack of
a. money b. faith in the market system c. human capital d. desire to work e. all of the above
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In Figure 3-4 above, the multiplier is
A) 2.5. B) 0.6. C) 0.4. D) 1.67. E) 1.5.
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What will be an ideal response?
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The national debt
A. is increased by budget surpluses. B. is the value of the government’s indebtedness at a moment in time. C. exceeded $20 trillion in 2014. D. all of the above are correct.
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