Taxes that change with the level of real GDP and income are called
A) flexible taxes.
B) GDP taxes.
C) induced taxes.
D) voluntary taxes.
E) forced taxes.
Correct Answer:
Verified
Q120: An example of automatic fiscal policy is
A)a
Q121: An example of automatic fiscal policy is
A)expenditure
Q122: The supply-side effects show that a tax
Q123: Q124: Need-based spending -------------------- during an expansion and-------------------- Q126: A $100 million decrease in government expenditure Q127: If a tax cut increases people's labor Q128: When an economy faces an inflationary gap, Q129: If we look at the federal government Q130: If the nominal interest rate is 10
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