A fall in income that results in a decrease in tax revenues is an example of ________.
A) discretionary fiscal policy
B) a needs- tested tax programme
C) automatic fiscal policy
D) a recession
Correct Answer:
Verified
Q30: Which of the following is NOT a
Q31: The structural deficit is the deficit
A)during a
Q32: Suppose the tax rate on interest income
Q33: Because of automatic fiscal policy, when real
Q34: Suppose the government increases taxes. One effect
Q36: Changes in which of the following is
Q37: When the economy grows, _ increase because
Q38: If real GDP is less than potential
Q39: Comparing the Australian budget position for 2011
Q40: ![]()
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