The deliberate use of changes in government spending and/or taxes to alter AD and stabilise the business cycle is called:
A) monetary policy.
B) important international policy.
C) continuous fiscal policy.
D) discretionary fiscal policy.
Correct Answer:
Verified
Q1: Narrbegin Exhibit 17.2 Aggregate demand and supply
Q3: Suppose inflation is a threat because the
Q4: If the economy is experiencing unemployment, then
Q5: If the MPC is 0.6 and if
Q6: If the marginal propensity to consume (MPC)
Q7: Narrbegin Exhibit 17.1 Aggregate demand and supply
Q8: It is inflationary for government to increase
Q9: If government reduces taxes by $10 billion
Q10: Narrbegin Exhibit 17.1 Aggregate demand and supply
Q96: Assume the marginal propensity to consume (MPC)
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