Fiscal policy affects:
A. The level of output only.
B. The mix of output only.
C. Both the level and the mix of output.
D. Interest rates only and therefore does not affect the level or mix of output.
Answer:C
Fiscal policy affects:
A. The level of output only. B. The mix of output only. C. Both the level and the mix of output. D. Interest rates only and therefore does not affect the level or mix of output.