The national debt can only be reduced if
A) the economy has a deflationary gap.
B) the federal budget is in surplus.
C) there are no tax multiplier effects.
D) the federal budget is in deficit.
E) the economy has an inflationary gap.
Correct Answer:
Verified
Q3: A reason why discretionary fiscal policy might
Q4: Increasing the income tax rate--------------------the--------------------
A)decreases; supply of
Q5: Q6: The national debt is the amount Q7: The standard view in economics is that Q9: Discretionary fiscal policy is handicapped by Q10: If the government uses fiscal policy to
A)by which
A)law-making time
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents