An infrastructure plan more than $1.1 trillion on July 28, 2021 is an example of ------------------------- and the implementation (inside lag) was ---------------------------- Group of answer choices Expansionary Fiscal policy, few weeks Expansionary Fiscal policy, few months Expansionary monetary policy, few weeks Expansionary monetary policy, few months

An infrastructure plan more than $1.1 trillion on July 28, 2021 is an example of ------------------------- and the implementation (inside lag) was ---------------------------- Group of answer choices Expansionary Fiscal policy, few weeks Expansionary Fiscal policy, few months Expansionary monetary policy, few weeks Expansionary monetary policy, few months

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 1P

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Similar questions

Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in response to each of the situations below and sketch a diagram using aggregate demand and aggregate supply curves to illustrate your answer: A recession. A stock market collapse that hurts consumer and business confidence. Extremely rapid growth of exports. Rising inflation. A rise in the natural rate of unemployment. A rise in oil prices.
Is expansionary fiscal policy more attractive to politicians who believe in larger government or to politicians who believe in smaller government? Explain your answer.
Why is spending by the U.S. government on scientific research at NASA fiscal policy while spending by the University of Illinois is not fiscal policy? Why is a cut in the payroll tax fiscal policy whereas a cut in a state income tax is not fiscal policy?
What is the main advantage of automatic stabilizers over discretionary fiscal policy?
Under what general macroeconomic circumstances might a government use expansionary fiscal policy? When might it use contractionary fiscal policy?
What is the difference between discretionary fiscal policy and automatic stabilizers?