Author Question: All the following actions represent fiscal policy EXCEPT A) an increase in government spending. ... (Read 120 times)

laurencescou · **on:** Jun 30, 2018

All the following actions represent fiscal policy EXCEPT

A) an increase in government spending.
B) a reduction in individual income tax rates.
C) a reduction in the money supply by the Federal Reserve.
D) an increase in corporate income tax rates.

Question 2

Innovation typically increases when

A) high taxes are present.
B) the legal system is weak.
C) government controls the resource base.
D) market incentives and private property rights are encouraged.