Question

The government’s power to tax and spend to influence the economy is called
A. monetary policy.
B. fiscal policy.
C. Reaganomics.
D. demand-side economics.
(I'm going back and forth between B and D)

Answer 1

I could really use some help guys

Answer 2

Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply. These two policies are used in various combinations to direct a country's economic goals.

http://www.investopedia.com/articles/04/051904.asp

Answer 3

Thank you so very much! :)