Discretionary fiscal policy is a fiscal policy action, such as
A) a decrease in tax receipts, initiated by the state of the economy.
B) an increase in payments to the unemployed, initiated by the state of the economy.
C) an interest rate cut.
D) a tax cut, initiated by the government to simulate spending.
E) an increase in the quantity of money.
Correct Answer:
Verified
Q17: Q18: A credit rating provides information on an Q19: In Australia for the year 2017/18, the Q20: Q21: Induced taxes are defined as taxes Q23: If government expenditure on goods and services Q24: When an economy is above full employment Q25: The magnitude of the tax multiplier is Q26: Ignoring any supply-side effects, suppose the government Q27: Automatic changes in tax revenues and expenses
A) that
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