Expansionary fiscal policies:
A) make the budget surplus smaller.
B) make the budget deficit smaller.
C) affect only taxes.
D) affect only government purchases of goods and services.
Correct Answer:
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Q186: Use the following to answer questions :
Scenario:
Q187: The budget balance is calculated as:
A)T -
Q188: Use the following to answer questions :
Scenario:
Q189: The government budget balance equals taxes _
Q190: Which of the following represents the government
Q192: The federal budget tends to move toward
Q193: Suppose the economy is in a recessionary
Q194: The effect of a government deficit is:
A)contractionary.
B)expansionary.
C)neutral.
D)biased.
Q195: Assume that the marginal propensity to consume
Q196: Assume that the marginal propensity to consume
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