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Which of the following involves changing the government's revenues or expenditures to change the ...
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Which of the following involves changing the government's revenues or expenditures to change the ...
Which of the following involves changing the government's revenues or expenditures to change the growth rate of the economy?
▸ Monetary policy
▸ Antitrust regulation
▸ Deregulation
▸ Fiscal policy
▸ Regulation
Textbook
Business in Action
Edition:
9
th
Authors:
Bovee, Thill
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Fiscal policy
Fiscal policy involves changes in the government's revenues and expenditures to stimulate a slow economy or dampen a growing economy that is in danger of overheating and causing inflation. On the revenue side, governments can adjust the revenue they bring in by changing tax rates and various fees collected from individuals and businesses.
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