Multiple Choice
-In the above figure, which fiscal policy could help move the economy to potential GDP?
A) decreasing government expenditure
B) decreasing autonomous taxes
C) increasing government expenditure
D) Both answers A and B are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q82: Personal income taxes are the largest source
Q83: What is automatic fiscal policy? How does
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q85: An increase in government expenditure leads to
Q86: The government begins year 1 with $25
Q88: The supply side effects of a change
Q89: Discretionary policy requires an act of Congress.
Q90: The system that measures the lifetime tax
Q91: The structural deficit is the deficit that
Q92: When the economy grows, _ increase because