“A $10 billion increase in taxes and a $30 billion cut in government spending” is the example of _____________ fiscal policy changes "A $10 billion increase in taxes and a $30 billion cut in government spending" is21)the example offiscal policy changes.

Fiscal policies are the ones that are related to the collection of revenue and decision of spendings…

Answered: 21) "A $10 billion increase in taxes…

21) "A $10 billion increase in taxes and a $30 billion cut in government spending" is the example of fiscal policy changes.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 24CTQ: Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on...

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