asked 27.1k views
2 votes
Fiscal policy proponents see fiscal as a superior strategy for market corrections.

a. True
b. False

asked
User Lipenco
by
8.5k points

1 Answer

5 votes

Answer: True

Step-by-step explanation:

Fiscal policy refers to the government suing taxation and spending policies to influence the economy of a country. If the government wants to improve production, they reduce taxes and increase spending and if they want to reduce production, they increase taxes and reduce spending.

Fiscal policy proponents believe that the government is right to use fiscal policy to correct the market because its effect is more direct. John Maynard Keynes was one of the most famous proponent for Fiscal policy.

answered
User Jeff McMahan
by
8.4k points
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