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Taxes, and government spending. Increasing taxes will decrease consumption and supply. Lowering taxes will increase consumption and supply. Increasing government spending will increase national consumption, and decreasing government spending will decrease national consumption. The economics AD-AS model shows a visual representation of the effects of fiscal policy on the economy if you are further interested.
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Which action would be a change in the government's fiscal policy?
Which action would be a change in the government's fiscal policy
What is fiscal politics?
Fiscal politics is anything going on in the government that has to do with monetary policy like budgets and things.
Actions taken by the federal government which influence economic activity are know as?
The economic actions taken by government are known as fiscal policy.
“Coordinating fiscal policy,” one of the five limits of fiscal policy, can be difficult because _____.?
state and local government policies might interfere with the intended outcome of federal policies
What does fiscal policy refer to?
government spending and taxation.
