An inflationary gap may be eliminated using contractionary fiscal policy.
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Q149: Automatic stabilizers are an example of discretionary
Q150: An automatic stabilizer tends to increase GDP
Q151: Transfer payments tend to rise automatically during
Q152: An increase in business taxes is likely
Q153: Selling Treasury bonds to finance a federal
Q155: In the United States, government purchases, as
Q156: The United States has, by far, the
Q157: Automatic stabilizers tend to exaggerate the severity
Q158: Personal income and payroll taxes are the
Q159: Fiscal policy is concerned with government's manipulation
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