Multiple Choice
Changes in government spending and/or taxes as the result of legislation, is called
A) open market operations of the Federal Reserve.
B) discretionary fiscal policy.
C) balanced budget operations.
D) discretionary monetary policy.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Which of the following is a problem
Q35: The Great Depression provided support for Keynes'
Q36: As the marginal propensity to consume (MPC)
Q37: The marginal propensity to consume is defined
Q38: Keynes rejected the view that lower wages
Q40: Why does a tax change affect aggregate
Q41: When Keynesian equilibrium is present,<br>A) aggregate demand
Q42: Prior to the time of John Maynard
Q43: Discretionary fiscal policy involves<br>A) expansion of government
Q44: Which of the following best expresses the