Which of the following is not an example of fiscal policy?
A) Social Security spending
B) Medicare spending
C) Fed purchases of Treasury securities
D) changes in the tax rate

Question

Quizplus · Accepted Answer

Fiscal policy refers to the decisions made by the government regarding taxation and spending. Social Security spending and Medicare spending are both examples of government spending. Changes in the tax rate are also an example of fiscal policy. Fed purchases of Treasury securities, on the other hand, are part of monetary policy which is the responsibility of the Federal Reserve, not the government's fiscal policy.

Which of the Following Is Not an Example of Fiscal