A government spending hike can best be characterized as:
A) Fiscal policy only.
B) Both fiscal and supply-side policy.
C) Both monetary and fiscal policy.
D) Supply-side policy only.
Correct Answer:
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Q1: Ceteris paribus,when income increases,federal tax revenues:
A) Decrease
Q2: A tax cut can best be characterized
Q4: Automatic stabilizers include:
A) Changes in the money
Q5: A decrease in government expenditure shifts the
Q6: Assume the economy is in a recession
Q7: Which of the following is an example
Q8: An automatic stabilizer is:
A) A government spending
Q9: Which of the following occurs automatically during
Q10: Alternating periods of economic growth and contraction
Q11: Which of the following is an example
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