Fiscal Policy Flashcards

1
Q

A governments use of taxing and spending to influence the economy

A

Fiscal policy

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2
Q

The federal budget is crated by the president and must be approved by the congress.

A

Lol

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3
Q

The nations plan for revenues and expenditures per year

A

Federal budget

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4
Q

The money that people and business pay to support the activities of the government. Can be raised or lowered in an effort to influence the economy

A

Taxes

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