In 2009,Congress passed tax laws to reduce income tax rates for some taxpayers.This action is called
A) a discretionary fiscal policy.
B) a discretionary revenue policy.
C) an automatic fiscal policy.
D) an annual tax policy.
E) induced tax policy.
Correct Answer:
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Q18: When tax revenues equal government outlays,the situation
Q19: Q20: Q21: If the government reduces expenditure on goods Q22: A $100 million decrease in government expenditure Q24: Discretionary fiscal policy is a fiscal policy Q25: Discretionary fiscal policy is defined as fiscal Q26: The government expenditure multiplier is used to Q27: The magnitude of the government expenditure multiplier Q28: The national debt is![]()
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A)tax revenue minus government
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