Determine whether the following represent examples of fiscal policy, monetary policy, or neither: A. The agricultural sector of Torania increases exports to Asia B. The government of Torania increases excise taxes on alcohol and e-cigarettes C. The central bank of Torania purchases Treasury bills on the Open Market ? ? ? 1. Monetary policy 2. Fiscal policy 3. Neither
Determine whether the following represent examples of fiscal policy, monetary policy, or neither: A. The agricultural sector of Torania increases exports to Asia B. The government of Torania increases excise taxes on alcohol and e-cigarettes C. The central bank of Torania purchases Treasury bills on the Open Market ? ? ? 1. Monetary policy 2. Fiscal policy 3. Neither
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Determine whether the following represent examples of fiscal policy, monetary policy, or neither:
A. The agricultural sector of Torania increases exports to Asia
B. The government of Torania increases excise taxes on alcohol and e-cigarettes
C. The central bank of Torania purchases Treasury bills on the Open Market
? ✓ 1. Monetary policy
2. Fiscal policy
3. Neither](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1c8ab352-048e-42c9-8e0e-d8649525341f%2F5cc7af49-8815-493d-8152-21c68263cd2a%2Fuaaylje_processed.png&w=3840&q=75)
Transcribed Image Text:Determine whether the following represent examples of fiscal policy, monetary policy, or neither:
A. The agricultural sector of Torania increases exports to Asia
B. The government of Torania increases excise taxes on alcohol and e-cigarettes
C. The central bank of Torania purchases Treasury bills on the Open Market
? ✓ 1. Monetary policy
2. Fiscal policy
3. Neither
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