Unit 6: Fiscal Policy

Introduction

What’s in This Chapter? Governments conduct fiscal policy and monetary policy in order to stimulate or fine-tune the economy. In democratic countries fiscal policy is decided by elected politicians. In most countries...

Read More

Section 1: Fiscal Policy

Definition of Fiscal Policy Fiscal policy is a government’s attempt to change economic activity by changing government expenditures, taxation and borrowing, and lending policies. A government can choose to change spending...

Read More

Section 6: Public Choice Theory

Public Choice In this unit, we have learned about fiscal policy and the expenditures and revenues of the various forms of government in the United States. The economic theory that studies the effectiveness of government (public)...

Read More

Test Your Knowledge!

  Time limit: 0 Quiz-summary 0 of 10 questions completed Questions: 1 2 3 4 5 6 7 8 9 10 Information This is a ten question multiple-choice quiz covering the material in this Unit. I hope you do well! You have already...

Read More
Loading