Solved

When Changes in Taxes and Government Spending Occur in the Economy

Question 147

Multiple Choice

When changes in taxes and government spending occur in the economy without explicit action by Congress, such policy is called ______ ﬁscal policy.

A) cyclical
B) implicit
C) discretionary
D) nondiscretionary

Related Questions

Q142: In 2017, the public debt in the

Q143: The Social Security program is a retirement

Q144: The immediate primary cause of the swing

Q145: The cyclically adjusted surplus as a percentage

Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the

Q148: Assume that if there were no crowding

Q149: The group of three economists who provide

Q150: The crowding-out effect arises when<br>A) government lends

Q151: The public debt is the amount of

Q152: The set of ﬁscal policies that would