Which of the following would be categorised as being fiscal policy?ABCEAn increase in training places for apprenticesA reduction in the rate of income taxA rise in base interest ratesA reduction in the money supplyCompetition policy

A government's use of taxes and public spending to affect the economy is known as fiscal policy. It…

Which of the following would be categorised as being fiscal policy? A An increase in training places for apprentices B A reduction in the rate of income tax A rise in base interest rates (D) A reduction in the money supply

Which of the following would be categorised as being fiscal policy? A An increase in training places for apprentices B A reduction in the rate of income tax A rise in base interest rates (D) A reduction in the money supply

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter12: Fiscal Policy, Incentives, And Secondary Effects

Section: Chapter Questions

Problem 13CQ

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Question

Which of the following would be categorised as being fiscal policy?
A
B
C
E
An increase in training places for apprentices
A reduction in the rate of income tax
A rise in base interest rates
A reduction in the money supply
Competition policy

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