The cyclical deficit is the portion of the deficit
A) that does not add to the national debt.
B) that is the result of discretionary federal spending.
C) that would exist if the economy were at full employment.
D) that is the result of nondiscretionary federal spending.
E) created by fluctuations in real GDP.
Correct Answer:
Verified
Q21: Induced taxes are defined as taxes
A) that
Q28: The structural deficit or surplus is the
A)
Q30: Do automatic fiscal stabilisers eliminate business cycles?
A)
Q32: An example of automatic fiscal policy is
A)
Q36: Automatic stabilisers include
A) changes in the cash
Q44: Automatic stabilisers are defined as
A)policy that has
Q46: The structural deficit is the deficit
A)caused by
Q47: Automatic stabilisers
A)have no effect on the magnitude
Q48: Fiscal policies that move the economy toward
Q53: Automatic stabilisers decrease the impact of a
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