Policies taken to move the economy closer to potential output
A) must necessarily be expansionary policies.
B) must necessarily be contractionary policies.
C) are called stabilization policies.
D) are lagging policies or automatic policies.
Correct Answer:
Verified
Q11: What are the two tools of fiscal
Q12: A decrease in the personal income tax
Q13: Contractionary policies are government policies that
A) increase
Q14: In order to _, a government must
Q15: Expansionary policies are policies designed to
A) increase
Q17: Due to the _ effect, the final
Q18: What are the two tools of fiscal
Q19: Stabilization policies are policies designed to
A) keep
Q20: What is the reason that stabilization policies
Q21: Stabilization policies are actions taken to bring
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