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Congress and the president carry out fiscal policy through changes in:
 
(i) government purchases and the money supply.
(ii) interest rates and the money supply.
(iii) government purchases and taxes.
(iv) taxes and the interest rate.

 

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Collen Von
Collen VonLv2
14 Mar 2020

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Related questions

Discretionary fiscal policy refers to changes in:

a. government spending or taxes made by the President on Twitter.

b. money supply and interest rates made by the President.

c. taxes and transfers that occur automatically as GDP changes.

d. taxes and government expenditures made by Congress to stabilize the economy.

Fiscal policy refers to changes in:
 
(i) discretionary spending and taxes.
(ii) mandatory spending and taxes.
(iii) the money supply and interest rates.
(iv) taxes only.

To combat a recession with discretionary fiscal policy, Congress and the president should

a. Decrease government spending to balance the budget.

b. Decrease taxes to increase consumer disposable income.

c. Lower interest rates and increase investment by increasing the money supply.

d. Raise taxes on interest and dividends, but not on personal income.

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