A discretionary fiscal policy is a fiscal policy that
A) involves a change in corporate tax rates.
B) requires action initiated by an Act of Parliament.
C) is triggered by the state of the economy.
D) involves a change in government defence spending.
Correct Answer:
Verified
Q4: Automatic fiscal policy occurs
A)because monetary policy is
Q5: The sum of past budget deficits minus
Q6: A fiscal action that is triggered by
Q7: An increase in government expenditure shifts the
Q8: A budget surplus occurs when government
A)outlays exceed
Q10: A government that currently has a budget
Q11: In the short run, an increase in
Q12: Taxes and government expenditures that, without need
Q13: Government transfer payments _ during expansions and
Q14: Using fiscal policy, to increase real GDP
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