Multiple Choice
Discretionary fiscal policy refers to
A) any change in government spending or taxes that destabilizes the economy.
B) the authority that the president has to change personal income tax rates.
C) intentional changes in taxes and government expenditures made by Congress to stabilize the economy.
D) the changes in taxes and transfers that occur as GDP changes.
Correct Answer:
Verified
Correct Answer:
Verified
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Q22: Expansionary fiscal policy will tend to reduce
Q24: A procyclical fiscal policy, like those of
Q25: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A) reduce government
Q27: If the MPS in an economy is
Q29: If there is a constitutional requirement to
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Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A) inflation B)
Q288: A decrease in taxes is one way
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