Which of the following is NOT a measure of fiscal policy?
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1. Real GDP is a measure of the economy's
A) unemployment level.
B) output level.
C) stock market level.
D) inflation rate.
2. The two major macroeconomic policies of the government are
A) fiscal policy and industrial policy.
B) monetary policy and tariff policy.
C) foreign policy and defense policy.
D) fiscal policy and monetary policy.
Which of the following is NOT a purpose of fiscal policy
Which of the following is not a component of expansionary fiscal policy?