A fiscal action that is triggered by the state of the economy is called
A) the government expenditure multiplier.
B) automatic fiscal policy.
C) discretionary fiscal policy.
D) generational fiscal policy.
Correct Answer:
Verified
Q1: Fiscal policy involves
A)decreasing the role of the
Q2: If taxes exactly equalled government outlays the
A)government
Q3: The actual budget deficit is equal to
Q4: Automatic fiscal policy occurs
A)because monetary policy is
Q5: The sum of past budget deficits minus
Q7: An increase in government expenditure shifts the
Q8: A budget surplus occurs when government
A)outlays exceed
Q9: A discretionary fiscal policy is a fiscal
Q10: A government that currently has a budget
Q11: In the short run, an increase in
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