When changes in taxes and government spending occur in the economy without explicit action by Congress, such policy is called fiscal policy.
A) cyclical
B) implicit
C) discretionary
D) nondiscretionary
Correct Answer:
Verified
Q111: Fiscal policy is enacted through changes in
A)interest
Q112: An increase in the cyclical deficits will
Q113: The crowding-out effect of the public debt
Q114: The crowding-out effect refers to the possibility
Q115: As measured by the cyclically adjusted budget,
Q117: When the Federal government cuts taxes and
Q121: Discretionary fiscal policy is often initiated on
Q165: Financing wartime expenditures by increasing internally held
Q170: Permanent tax reductions are more likely to
Q176: It is more meaningful economically to measure
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