Essay
Identify whether each of the following policies is (1)an example of a discretionary fiscal policy,(2)an example of an automatic stabilizer,or (3)not a fiscal policy.
a. Food stamps
b. Government spending on rebuilding airports
c. Tax credits for the purchase of energy-efficient appliances
d. Changing the required reserve ratio
e. The progressive income tax system
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a. Welfare payments are an automatic sta...View Answer
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