Deliberate changes in government expenditures and taxes to influence GDP
A) are discretionary fiscal policy.
B) are examples of automatic fiscal policy because the politicians automatically respond.
C) are enacted by the Reserve Bank of Australia.
D) operate without time lags.
Correct Answer:
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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
Q15: If the government runs a surplus, the
Q17: Fiscal policy is the use of the
Q18: If the government wants to engage in
Q19: An example of a discretionary fiscal policy
Q21: If the government's outlays are $1.5 billion
Q119: The Laffer curve is the relationship between
A)
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