Government tax and expenditure policies affect real GDP are called
A) automatic fiscal policy.
B) discretionary fiscal policy.
C) fiscal policy.
D) supply-side policy.
Correct Answer:
Verified
Q2: The government has a balanced budget if
A)
Q3: Public investment expenditure for highways, schools, and
Q4: Which of the following statements characterizes government
Q8: Taxes assessed on firms and employees on
Q9: All of the following are instruments of
Q10: Transfer payments typically
A) rise during expansionary periods.
B)
Q11: State and local tax receipts are dominated
Q13: The bulk of transfer payment spending in
Q17: The bulk of federal receipts come from
A)
Q18: The government purchases component of aggregate demand
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