Fiscal policy in the United States is the result of a(n)
A) decree by the president.
B) act of Congress.
C) joint budget resolution by federal agencies.
D) yearly budget process involving both the president and Congress.
E) five-year budget plan overseen by the Office of Management and Budget.
Correct Answer:
Verified
Q28: Figure 13.2 Q29: The federal budget deficit as a percentage Q30: Crowding out refers to a(n) Q31: Budget deficits tend to grow during recessions Q32: An automatic stabilizer is a(n) Q34: Discretionary fiscal policy is defined as the Q35: An increase in government spending of $100 Q36: Economists define two components of fiscal policy: Q37: If fewer businesses offered new bonds to Q38: The ratio of U.S. government spending as
A) increase in
A) change in
A)
A)
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