An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![An increase in Medicaid expenditure brought about by a flu epidemic is.
Decreased expenditures
on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy
action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy
action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event
that the government cannot influence; not fiscal policy action because national defense is necessary;](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ea4fc46-769d-4957-9a3e-8b78ddd7685d%2Fe72f0374-a8b9-405c-a34e-0384dce8608c%2Fg6wx7k8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An increase in Medicaid expenditure brought about by a flu epidemic is.
Decreased expenditures
on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy
action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy
action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event
that the government cannot influence; not fiscal policy action because national defense is necessary;
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