Question: The purpose of functional finance is to decrease deficits through monetary policy. use monetary policy to keep deficits stable over time. tax corporate income first

  1. The purpose of functional finance is to

    decrease deficits through monetary policy.

    use monetary policy to keep deficits stable over time.

    tax corporate income first at the corporate level, and then again when it is distributed to shareholders.

    use fiscal policy to keep aggregate demand at the desired level, regardless of the impact on deficits.

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