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Justin Meisel
on Nov 03, 2024

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In the context of fiscal policy,lower taxes and increased government spending:

A) cut unemployment rates.
B) limit economic expansion.
C) reduce inflation.
D) reduce the profits of a business.

Fiscal Policy

Government policies regarding taxation and spending that influence economic conditions.

Lower Taxes

The reduction of tax rates or tax burdens to encourage economic activities or provide relief to taxpayers.

Increased Government Spending

A fiscal policy where the government expands its expenditures to stimulate economic growth or address public needs.

  • Identify the impact and function of government interventions in economic practices, including fiscal and monetary policies as well as their effects on unemployment and inflation.
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Artiola IbranjiNov 04, 2024
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