Answers Personal Finance - EL3403 Fiscal Policy: SpendingQuestion 3

3

AssignmentMultiple Choice

Fiscal Policy: Spending

Question 3 • Personal Finance - EL3403

What is the purpose of the president’s statement?

Answer

A

to show how changes in fiscal policy can affect the economy

B

to show the size of the deficit relative to GDP

C

to show how large the national debt was when he took office

D

to show how he plans to reduce the national debt

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