Prior to the 1930s,the majority of dollars spent by government was spent at the state and local levels.
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Q53: Tax cuts on business income increase aggregate
Q54: Fiscal policy is determined by
A)the Federal Reserve.
B)the
Q55: Give an example of an automatic stabilizer.Explain
Q56: Figure 16-1 Q57: An increase in individual income taxes _ Q59: Expansionary fiscal policy involves Q60: Tax cuts on business income _ aggregate Q61: Which of the following is considered expansionary Q62: Which of the following is considered contractionary Q63: Tax increases on business income decrease aggregate
A)increasing government purchases or
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