William Nordhaus’s theory is focused on how politicians use public policy to stimulate the economy prior to an election in order to increase their chance of re-election. This is known as _____. Select the correct option to complete the sentence. Question 7Select one:a.Fiscal federalism b.Decentralisationc.Information aggregationd.The political business cycle

Complete the sentence.Under the theory of , a country's economy was of primary importance and could be strengthened by government actions.

Expansionary fiscal policy is used in order to Blank______ the economy.Multiple choice question.increase interest rates instimulatereduce GDP inreduce inflation inincrease unemployment in

The federal government's purposeful manipulation of taxes and spending in order to "stimulate the economy" or "rein in inflation" is known as Blank______ policy.Multiple choice question.monetarytaxationgovernmentalfiscal

Select all that applyWhich of the following tools of fiscal policy are used to positively stimulate an economy?Multiple select question.Tax reductionsIncreased government spendingTax increasesDecreased government spending

To positively stimulate an economy using fiscal policy, government spending should Blank______, and taxes should Blank______.Multiple choice question.fall; risefall; fallrise; riserise; fall