Multiple Choice
Conducting fiscal policy so that G = T + β (u - un) , where G is government expenditures, T is tax revenue, u is the unemployment rate, un is the natural rate of unemployment, and β is a positive number, is an example of a(n) :
A) active rule.
B) passive rule.
C) discretionary policy.
D) automatic stabilizer.
Correct Answer:
Verified
Correct Answer:
Verified
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