Use the figure below to answer the following questions.
Figure 29.3.1
-Refer to Figure 29.3.1, which shows the outlays and revenues for the government of Pianoland. Discretionary fiscal policy would be shown as a movement
A) from right to left along the revenues curve.
B) from left to right along the revenues curve.
C) from right to left along the outlays curve.
D) from left to right along the outlays curve.
E) none of the above
Correct Answer:
Verified
Q67: Automatic fiscal policy
A)requires action by Parliament.
B)is triggered
Q68: A cyclical deficit occurs when
A)government outlays are
Q69: Which one of the following happens automatically
Q70: Use the figure below to answer the
Q71: During a recession, revenues
A)and government outlays decrease.
B)decrease
Q73: Which of the following is an example
Q74: Use the figure below to answer the
Q75: Use the figure below to answer the
Q76: Discretionary fiscal policy
A)requires action by Parliament.
B)is triggered
Q77: A structural deficit
A)is present only if real
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