Fiscal policy refers to the ________using_________
to affect the economy.

Congress and the president, taxes and spending
Forte

The Federal Reserve, taxes and spending

The Federal Reserve, interest rates

Congress and the president, interest rates

The Federal Reserve, the money supply

Answers

Answer 1

Answer:

Congress and the president, taxes and spending.

Explanation:

Fiscal policy refers to the Congress and the president using taxes and spending to affect the economy.

Fiscal policy in economics refers to the use of government (Congress and the president) expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

Generally, a fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.


Related Questions

Melinda decides to sell part of her property to Bill. Once the sale is complete, Melinda still crosses what is now Bill’s property to get to the main road since it is the most direct path, even though no written easement has been created. This is an example of an

Answers

Answer:

Easement by implication

Explanation:

Easements by implication occurs when the property is distributed and the facts & situations reprsent the prior use that could become significant.

An implied easement is one that cannot be written down. It is developed by the situation of a particular land configuration.

So as per the given situation it is an example of Easement by implication

I REALLY NEED HELP
which of the following is written order directing a banker to a pay a specified amount of money to the payee
A.a bank statement
B.a cheque
C.a pay slip
D.an invoice​

Answers

The answer is B - a cheque.

Alain is a sales representative for an established awnings manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Alain can market his current products only to his current customers or Multiple Choice diversify. intensify his prototyping. expand his early adopter market segment. market the same products to similar customers.

Answers

Answer:

market the same products to similar customers

Explanation:

In simple words, the only choice that Alain have in the given case is to market the same product to similar customers. Diversifying and prototyping are beyond control of a salesman like Alain. Also, if there is no new product in the market there will be no chance that one can target a new market segment. Thus, we can conclude that the correct option is last statement.

After multiple years of building a business in the same location, Timothy has
found that he must vacate the building where his business has always been
based. Which of the following is the most likely explanation for this?
A. Timothy has been leasing the space and now has the opportunity
to purchase it by paying the residual value.
B. Timothy has been leasing his space, the lease has expired, and the
owner of the property does not wish to renew.
C. Timothy has purchased the property but not yet taken possession
of it.
D. Timothy had a sales contract in place, but it has not yet been
signed.

Answers

Answer: B. Timothy has been leasing his space, the lease has expired, and the owner of the property does not wish to renew.

Explanation:

A lease refers to a written agreement whereby a lessor leases his property to the lessee for a period of time and the owner of the property gets paid for the period that the property is leased out.

In this case, since Timothy needs to vacate the building where his business has always been after some number of years, it simply means that Timothy leased the space and the owner doesn't want to renew the lease.

An industry can be defined as a group of: a. companies offering products or services that are close substitutes for each other. b. brands that offer different products but are owned by a single firm. c. different kinds of companies that are based in the same geographic location. d. companies that are different but generate similar amounts of revenues. e. manufacturing plants of a single company.

Answers

Answer:

A

Explanation:

An industry is a group of companies that provide good and services that are closely related. An example of an industry is the beauty industry. Companies that would be included in this industry would include companies that produce lipstick, powder, foundation, cream, exfoliators etc

Classification of industries

1. primary industry : they are involved in the getting of raw materials e.g. the fishing industry

2. secondary industry :  they make use of raw materials to manufacture products e.g. automobile industry

3. tertiary industry : they provide services e.g education industry

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