Question
Fiscal policy could best be described as
Group of answer choices
a policy used only to try to slow down run-away inflation.
a system that demonstrates that the federal government believes the US economy can regulate itself.
the federal government’s use of taxing and spending to keep the economy stable.
a policy recently introduced to reduce income taxes.
Group of answer choices
a policy used only to try to slow down run-away inflation.
a system that demonstrates that the federal government believes the US economy can regulate itself.
the federal government’s use of taxing and spending to keep the economy stable.
a policy recently introduced to reduce income taxes.
Answers
GPT-4o mini
The best description of fiscal policy is:
**the federal government’s use of taxing and spending to keep the economy stable.**
Fiscal policy involves the government's adjustments in spending levels and tax rates to influence the economy.
**the federal government’s use of taxing and spending to keep the economy stable.**
Fiscal policy involves the government's adjustments in spending levels and tax rates to influence the economy.