Deliberate changes in tax rates and levels of government spending to influence the level of aggregate demand are called:
A) fiscal deficits
B) discretionary fiscal policy
C) automatic stabilisers
D) fiscal surpluses
Correct Answer:
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Q26: When economists refer to 'tight' or 'contractionary'
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Q28: The effectiveness of fiscal policy as a
Q29: Which of the following would be considered
Q30: Fiscal stance refers to:
A) whether a government
Q32: Which of the following is an example
Q33: An automatic stabiliser is:
A) a fiscal policy
Q34: Which of the following is NOT an
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Q36: Discretionary fiscal policy is when:
A) existing taxation
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