Macro Part 2: Fiscal Policy

Front

Who controls fiscal policy?

Back

The Federal Government

Front

What is the purpose of Fiscal Policy?

Back

contribute to economic growth and stability

Front

During economic crisis, the primary role of the Federal Government is to promote a healthy economy by...

Back

manipulating taxes and government spending

Front

Rapid expansion of the Business cycle that is causing High Inflation is a problem that the Federal Government can address?

Back

True

Front

Increasing taxes...

Back

decreases money supply

Front

Decreasing taxes...

Back

increases money supply

Front

A contractionary policy means that the Federal Government is attempting to

Back

decrease the nation's money supply

Front

Which policy would help fight unemployment?

Back

Expansionary Policy

Front

During a recession, the Federal Government should use...

Back

Expansionary Policy

Front

During rapid expansion, the Federal Government should use...

Back

Contractionary Policy