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What role does fiscal policy play in macroeconomics?a)It is used to regulate the price of individual commodities.b)Fiscal policy involves government spending and taxation to influence the economy.c)It has no impact on the economy and is not considered in macroeconomic analysis.d)Fiscal policy is solely focused on reducing imports.Correct answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about What role does fiscal policy play in macroeconomics?a)It is used to regulate the price of individual commodities.b)Fiscal policy involves government spending and taxation to influence the economy.c)It has no impact on the economy and is not considered in macroeconomic analysis.d)Fiscal policy is solely focused on reducing imports.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What role does fiscal policy play in macroeconomics?a)It is used to regulate the price of individual commodities.b)Fiscal policy involves government spending and taxation to influence the economy.c)It has no impact on the economy and is not considered in macroeconomic analysis.d)Fiscal policy is solely focused on reducing imports.Correct answer is option 'B'. Can you explain this answer?.

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