Nondiscretionary fiscal policy
A) entails legislative changes in government spending or taxes to stabilize the economy.
B) include changes in tax rates designed to reduce unemployment.
C) is the culprit whenever the federal government runs a budget deficit.
D) involves changes in spending and taxes that occur automatically as economic conditions change.
Correct Answer:
Verified
Q208: Fiscal policy influences the levels of income
Q209: Why would a budget approved by Congress
Q210: Which statement is true?
A)Both unemployment compensation and
Q211: Since 1980,the public debt has
A)remained constant absolutely,but
Q212: Automatic stabilizers
A)are programs which require legislative action.
B)are
Q214: As the MPC rises,the multiplier
A)will rise.
B)will fall.
C)will
Q215: The federal budget deficits of the 1980s
A)are
Q216: An increase in the rate of economic
Q217: The paradox of thrift suggests that
A)"a penny
Q218: In order to pass any fiscal policy
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