Question

question 1: which approach to fiscal policy involves tax increases and decreases in spending? question 2: which statement best describes contractionary monetary policy? it limits the printing and circulation of new money. it stimulates federal spending on infrastructure. it lowers tax levels of large corporations. it decreases the ability of banks to make loans. question 3: which program or agency accounts for the greatest amount of discretionary spending by the united states federal government? medicare. the military. social security.

Explanation:

Question 1: Fiscal policy involves government spending and taxation changes. Monetary policy deals with money - supply and interest rates. Discretionary and mandatory are types of government spending. So the answer related to government spending and taxation is fiscal policy.
Question 2: Contractionary monetary policy aims to reduce the money supply. One way is through reducing the printing and circulation of new money. Government spending on infrastructure is related to fiscal policy, lowering taxes of large corporations is more of a fiscal measure, and reducing a business's ability to trade stocks is not a typical feature of contractionary monetary policy.
Question 3: Among the options, the military accounts for a large portion of the U.S. federal government's discretionary spending. Medicare and Social Security are mainly mandatory spending programs, and "new technology" is too broad and not a major discretionary - spending category.

Answer:

Question 1: Fiscal policy
Question 2: It limits the printing and circulation of new money
Question 3: The military