QUESTION IMAGE
Question
pregunta 28 (4 puntos)
the use of taxes and government spending to influence the economy is called ____.
○ a structural policy
○ b monetary policy
○ c fiscal policy
○ d inflation
pregunta 29 (3 puntos)
the ____ refers to the periodic ups and downs of economic activity in an economy.
○ a economic growth
○ b inflation rate
○ c business cycle
○ d gdp cycle
For Pregunta 28: Fiscal policy is defined as the use of government taxation and spending to influence economic conditions.
For Pregunta 29: The business cycle describes the recurring pattern of expansion and contraction (ups and downs) in economic activity.
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c. fiscal policy
c. business cycle