Fiscal Policy Flashcards
1
Q
A governments use of taxing and spending to influence the economy
A
Fiscal policy
2
Q
The federal budget is crated by the president and must be approved by the congress.
A
Lol
3
Q
The nations plan for revenues and expenditures per year
A
Federal budget
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