Multiple Choice
The increase in the amount that the government collects in taxes when the economy expands and the decrease in the amount that the government collects in taxes when the economy goes into a recession are examples of
A) discretionary monetary policy.
B) the discretionary multiplier effect.
C) discretionary fiscal policy.
D) automatic stabilizers.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: C = $40 million + 0.6(1 -
Q20: Suppose the federal budget surplus for the
Q21: What is a cyclically adjusted budget deficit
Q22: Figure 13.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 13.1
Q23: A recession tends to cause the federal
Q25: Which of the following would be classified
Q26: If the MPC is 0.5 and the
Q27: Explain the differences between expansionary and contractionary
Q28: Which of the following would not be
Q29: Figure 13.2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 13.2