The natural employment surplus ________ be used to determine the effectiveness of discretionary fiscal policy actions because ________.
A) cannot;it excludes non-discretionary spending changes
B) can;it includes non-discretionary spending changes
C) cannot;it includes non-discretionary spending changes
D) can;it excludes automatic stabilization expenditures
Correct Answer:
Verified
Q22: Persistent government budget deficit result in _
Q23: The relation S + (T -G)= I
Q24: The progressive income tax is an automatic
Q25: Figure 5-1 Q26: The cyclical deficit is Q28: The structural surplus is Q29: A deliberate change in the government's deficit Q30: The natural employment surplus is Q31: Figure 5-1 Q32: Which of the following effects takes place
A)the amount by which
A)the difference between the
A)constitutes
A)G + T.
B)Y
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents