In general, personal income taxes
A) rise automatically during a recession.
B) rise automatically during an expansion.
C) rise automatically during a contraction.
D) are decreased during a recession through legislative actions of Congress.
Correct Answer:
Verified
Q41: Discretionary fiscal policy refers to
A) deliberate government
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
Q47: Automatic stabilizers are considered
A) discretionary fiscal policies.
B)
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents