Suppose that economic policy makers want to increase real GDP by $100 with as little impact on the budget balance as possible. Should they increase government purchases of goods and services, increase transfer payments, or decrease taxes?
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Q343: When the government decreases spending, the:
A)AD curve
Q344: An expansionary fiscal policy:
A)in the presence of
Q345: Why does the budget surplus get smaller
Q346: Suppose that real GDP is $1,500, potential
Q347: Time lags make:
A)fiscal policy more effective than
Q349: Why does a $1,000 tax cut generate
Q350: Social insurance is:
A)essentially any type of spending
Q351: Most economists do not support a law
Q352: Sales taxes, property taxes, income taxes, and
Q353: The primary taxes at the U.S. federal
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