Question
Fiscal policy entails changes in
the quantity of money
the MPC
government spending and taxes
the multiplier
the quantity of money
the MPC
government spending and taxes
the multiplier
Answers
GPT-4o mini
Fiscal policy entails changes in **government spending and taxes**.
It refers to the use of government expenditure and revenue collection (taxation) to influence the economy. Adjustments in these areas can impact economic activity, employment, inflation, and overall economic growth.
It refers to the use of government expenditure and revenue collection (taxation) to influence the economy. Adjustments in these areas can impact economic activity, employment, inflation, and overall economic growth.