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The government's use of taxation and spending to affect the economy is:
AFormal policy
BFiscal policy
CFacial policy
DFractional policy
Answer & Solution
Correct answer: B. Fiscal policy
1. Monetary policy works through money supply.
2. This one works through the budget.
3. It is fiscal policy.
_Source: OpenStax Introduction to Business, Chapter 1, Understanding Economic Systems and Business._
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