Fiscal restraint is defined as
A) Tax hikes or spending cuts intended to reduce aggregate demand.
B) Tax hikes or spending cuts intended to increase aggregate demand.
C) Tax cuts or spending hikes intended to increase aggregate demand.
D) Tax cuts or spending hikes intended to reduce aggregate demand.
Correct Answer:
Verified
Q60: Assume the economy is at full employment
Q61: The fiscal policy target for achieving full
Q62: If the desired fiscal restraint is $80
Q63: If AD excess equals $40 billion and
Q64: The desired fiscal restraint is equal to
A)Excess
Q66: The statement "balancing the budget on the
Q67: When there is excess aggregate demand in
Q68: If the MPC is 0.80 and the
Q69: Which of the following is a policy
Q70: Ceteris paribus,which of the following is true
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