Automatic stabilizers are considered
A) discretionary fiscal policies.
B) discretionary monetary policies.
C) non-discretionary fiscalpolicies.
D) non-discretionary monetarypolicies.
Correct Answer:
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Q42: Changes in expenditures and taxes that occur
Q43: Contractionary fiscal policy includes
A) increasing taxes and
Q44: During a contraction,
A) higher income tax revenues
Q45: An expansionary fiscal policy
I. includes an increase
Q46: In general, personal income taxes
A) rise automatically
Q48: Which of the following describes a discretionary
Q49: During a recession, unemployment insurance ensures that
A)
Q50: In 2003, Congress passed a substantial cut
Q51: During an expansion, which of the following
Q52: A transfer payment that rises automatically during
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