The right measure of fiscal policy is
A) the government's cash deficit or surplus.
B) the government's monetary policy.
C) the level of tax revenue.
D) the full-employment or cyclically-adjusted deficit or surplus.
Correct Answer:
Verified
Q17: A decreasing government debt
A) tends to decrease
Q18: A decreasing government debt
A) tends to decrease
Q19: An increase in government purchases
A) shifts the
Q20: An increase in government purchases
A) shifts the
Q21: A change in government tax policy that
Q23: An increase in the full-employment deficit
A) shifts
Q24: An increase in the full-employment deficit
A) shifts
Q25: If the Federal Reserve tightens monetary policy
Q26: To turn the cash budget into the
Q27: When real GDP decreases and unemployment increases
A)
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