Question

Which of the following is a primary objective of a "state government's fiscal policy"?

• A. To regulate the national stock market and currency exchange rates.
• B. To manage international trade agreements and tariffs with other countries.
• C. To control the federal budget and national debt levels.
• D. To promote economic growth and development within the state

Answer 1

Answer:

D. To promote economic growth and development within the state

• Fiscal policy at the state level involves using the state's budget and financial resources to influence its economy, aiming for goals like growth, stability, and equitable distribution of income.