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STDQs_11_ - MULTIPLE CHOICE 1"Fiscal Policy is the federal...

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MULTIPLE CHOICE 1. "Fiscal Policy" is the federal government's plan for a. international trade, designed to balance exports and imports. b. spending and taxes, designed to influence the level of aggregate demand. c. manipulating the money supply and the control of interest rates. d. All of the above are correct. ANS: B DIF: Moderate TOP: Introduction 2. Fiscal policy consists of 3. The government's fiscal policy is its plan to influence aggregate demand by changing 4. Historically, the government has used fiscal policy to affect the economy through 5. The use of spending and taxes by the government to influence aggregate demand is known as a. monetary policy. b. governmental policy. c. administrative policy. d. fiscal policy. e. federal policy. ANS: D DIF: Easy TOP: Introduction 6. In 2001, the U.S. economy was experiencing a(n)
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7. Appropriate fiscal policy in the U.S. in 2001 would attempt to
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