The Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009 are both examples of ________ policy.
A) contractionary fiscal
B) expansionary monetary
C) contractionary monetary
D) expansionary fiscal
E) countercyclical monetary
Correct Answer:
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Q31: Fiscal policy that seeks to counteract business-cycle
Q32: Assume that the government is currently balancing
Q33: When the government decreases spending or increases
Q34: If the economy starting at full-employment output
Q35: During recessionary periods,
A) outlays increase and tax
Q37: When aggregate demand is high enough to
Q38: During economic expansions,
A) outlays increase and tax
Q39: All else being equal,people generally prefer _
Q40: Countercyclical fiscal policy
A) is fiscal policy that
Q41: Marginal propensity to consume is the portion
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