52. An example of nondiscretionary fiscal policy would be a. The operation of the welfare state b. A federal jobs program adopted to stimulate consumption c. A tax cut adopted to stimulate consumption d. An interest rate cut implemented to stimulate consumption

52. An example of nondiscretionary fiscal policy would be a. The operation of the welfare state b. A federal jobs program adopted to stimulate consumption c. A tax cut adopted to stimulate consumption d. An interest rate cut implemented to stimulate consumption

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter30: Government Budgets And Fiscal Policy

Section: Chapter Questions

Problem 45CTQ: Is expansionary fiscal policy more attractive to politicians who believe in larger government or to...

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Question

52. An example of nondiscretionary fiscal policy would be
a. The operation of the welfare state
b. A federal jobs program adopted to stimulate consumption
c. A tax cut adopted to stimulate consumption
d. An interest rate cut implemented to stimulate consumption

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