ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fiscal policy is:
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The use of government spending and revenue collection to influence the economy
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The use of monetary policy by the Fed to influence economy
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When supply exceeds demand
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When the Federal Reserve prints money
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Explanation:
Detailed explanation-1: -Fiscal policy is defined as the policy under which the government uses the instrument of taxation, public spending and public borrowing to achieve various objectives of economic policy. Simply put, it is the policy of government spending and taxation to achieve sustainable growth.
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