Government expenditure ________ change potential GDP and taxes ________ change potential GDP.
A) can;can
B) cannot;can
C) can;cannot
D) cannot;cannot
E) None of the above answers is correct.
Correct Answer:
Verified
Q70: Looking at the supply-side effects on aggregate
Q71: Which of the following is an example
Q72: Fiscal policies that move the economy toward
Q73: An example of automatic fiscal policy is
A)Congress
Q74: Which of the following is a limitation
Q76: In an expansion,federal tax receipts increase proportionally
Q77: An increase in government expenditure can _
Q78: An income tax hike
A)increases potential GDP.
B)increases employment.
C)decreases
Q79: If a tax cut increases people's labor
Q80: Automatic stabilizers are defined as
A)actions taken by
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