The intent of discretionary fiscal policy is to smooth out fluctuations in business activity by shifting the aggregate supply curve.
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Q107: The intent of automatic stabilizers is to
Q108: Keynesian economics advocates the use of discretionary
Q109: Keynes argued that wages adjusted upward more
Q110: Keynes argued that the economy could not
Q111: Keynes argued that the economy might not
Q113: Discretionary fiscal policy involves changes in government
Q114: Both increases in government spending and investment
Q115: A larger marginal propensity to consume results
Q116: Increases in investment spending are not subject
Q117: Increases in government spending are not subject
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