The use of government taxes and spending to alter economic outcomes is known as
A. Foreign trade policy.
B. Monetary policy.
C. Incomes policy.
D. Fiscal policy.
Answer: D
You might also like to view...
During the American Revolution, the Pennsylvania legislature enacted price controls on essential commodities. The result of this legislation was
a. a large increase in the availability of those items, ending shortages. b. a severe shortage of those essential commodities. c. an increase in the price of those items, thus alleviating shortages. d. new efforts to increase production of those commodities. e. a minor inconvenience as persons adjusted to the new law.
When someone asks how much money you made this year, they are using the term "money" correctly
a. True b. False Indicate whether the statement is true or false
Suppose that buyers assume that there is a 30% chance of getting a plum, and 8 of 10 cars in the used car market are lemons. Is this an equilibrium?
What will be an ideal response?
When numerous Japanese companies buy $100,000,000 worth of goods or services from U.S. producers, ceteris paribus, there will be
A. no change in values of the currencies. B. depreciation of the dollar against the yen. C. depreciation in the value of the yen against the dollar. D. appreciation in the value of the yen against the dollar.