Expansionary fiscal policy includes
A) increasing taxes and increasing government purchases.
B) lowering interest rates, decreasing taxes and increasing transfer payments.
C) decreasing taxes and increasing government expenditures.
D) lowering the interest rates, decreasing taxes and decreasing government spending.
Correct Answer:
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Q52: A transfer payment that rises automatically during
Q53: Which of the following describes a discretionary
Q54: Which of the following is an advantage
Q55: During an economic expansion,
A) higher income tax
Q56: Automatic stabilizers
A) increase the problems that lags
Q58: Suppose Congress increases the corporate profit tax
Q59: A contractionary fiscal policy
I. decreases a government
Q60: During a recession, rising transfer payments and
Q61: In the United States, most of the
Q62: A change in government purchases shifts the
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