If Congress passes legislation to increase government spending to counter the effects of a recession, then this would be an example of a(n)
A) supply-side fiscal policy
B) expansionary fiscal policy.
C) contractionary fiscal policy.
D) nondiscretionary fiscal policy.
Correct Answer:
Verified
Q167: Tax increases and government spending cuts by
Q168: Tax revenues automatically increase during economic expansions
Q169: The public debt is held as Treasury
Q170: Permanent tax reductions are more likely to
Q171: The operational lag of fiscal policy refers
Q173: Fiscal policy is enacted through changes in
A)
Q174: The public debt is the accumulation of
Q175: An increase in the cyclical deficits will
Q176: It is more meaningful economically to measure
Q177: When the Federal government uses taxation and
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