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o A. the use of the federal budget to achieve macroeconomic objectives O B. succ

ID: 1118954 • Letter: O

Question

o A. the use of the federal budget to achieve macroeconomic objectives O B. successful only if the govermment has a balanced budget O C. the set of tools used by the Federal Reserve to achieve macroeconomic objectives D. successful only if the government has a budget surplus The proposes a budget to A. President Congress each February O B. President, Congress each September ° C. Congress, the President each September 0 D. Congress, the President each February Thepasses the budget acts in OA, President January O B. Congress; January O C. Congress: September OD, President September Click to select your answer

Explanation / Answer

Fiscal policy is

A. Fiscal policy is the use of revenues in the form of taxation, government spending and transfer payments to influence Aggregate Demand.

Question 2

A. The President submits a budget to the Congress in Februrary of each year.