Question

The use of government taxes and spending to alter economic outcomes is known as:  A. monetary...

The use of government taxes and spending to alter economic outcomes is known as: 

A. monetary policy. B. fiscal policy. C. income policy. D. foreign-trade policy.

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Answer #1

B. Fiscal Policy

Fiscal policy is the use of government taxes and spending to alter economic outcomes.

Other meanings

Monetary Policy

It refers to the actions taken by a nation central bank to control money supply and achieve sustainable economic growth

Income policy is an attempt by the government to set the rate of increase in price and the rate of wage increases in the economy

Foreign trade policies are government actions, especially tariffs, import quotas, and export subsidies, designed to increase net exports by promoting exports or restricting imports.

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