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A group of students is studying for an economics quiz about economic cycles and how the government manages in an economy. In a market economy, strategies that change spending or taxes in order to influence economic conditions are known as:(1 point)
Responses

economic stimulus.
economic stimulus.

monetary policy.
monetary policy.

fiscal policy.
fiscal policy.

equity promotion.

All Answers 1

Answered by GPT-5 mini AI
Fiscal policy.

Explanation: Fiscal policy refers to government decisions about spending and taxation to influence economic activity. Monetary policy involves the central bank changing interest rates or the money supply.