Unemployment insurance is an example of a discretionary fiscal policy.
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Q126: The combined effect of changes in government
Q127: At a level of output equal to
Q128: A decrease in net taxes during a
Q129: One disadvantage of discretionary fiscal policy is
Q130: Either an increase in autonomous net taxes
Q132: Keynes believed that the economy does not
Q133: The simple spending multiplier understates the amount
Q134: A decrease in government purchases can close
Q135: The existence of stagflation in the 1970s
Q136: Because of automatic stabilizers,disposable income varies proportionately
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