Question

The government of Country A has lowered taxes to allow citizens to bring home more money in every paycheck. This is an example of . The government of Country B has decided to stop trading with outside nations in the hope of boosting demand for domestic goods. This is an example of . The government of Country C has created protections for employees within factories to ensure their physical safety. This is an example of .

Answer 1

The first statement is an example of fiscal policy. Fiscal policy refers to the government's use of taxation and government spending to influence the economy.

The second statement is an example of trade policy. Trade policy refers to the government's actions with respect to international trade, including the imposition of tariffs, trade agreements, and other measures designed to promote or restrict trade.

The third statement is an example of labor policy. Labor policy refers to the government's efforts to regulate the labor market, including setting minimum wage laws, establishing worker safety regulations, and protecting workers' rights. In this case, the government of Country C is specifically focused on ensuring the physical safety of workers within factories.

Answer 2

fiscal policy, trade policy, regulatory policy.

Step-by-step explanation:

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