Automatic stabilizers are increases in spending and reductions in taxes that__ ?which one? a.Are enacted by Congress when the economy enters in a recession b.Are the result of existing tax and revenue spending rules c.Are required by the Department of Treasury as needed d.Are enacted by the President when the economy enters in a recession
Automatic stabilizers are increases in spending and reductions in taxes that__ ?which one? a.Are enacted by Congress when the economy enters in a recession b.Are the result of existing tax and revenue spending rules c.Are required by the Department of Treasury as needed d.Are enacted by the President when the economy enters in a recession
Chapter11: Managing Aggregate Demand: Fiscal Policy
Section: Chapter Questions
Problem 3TY
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Automatic stabilizers are increases in spending and reductions in taxes that__ ?which one?
a.Are enacted by Congress when the economy enters in a recession
b.Are the result of existing tax and revenue spending rules
c.Are required by the Department of Treasury as needed
d.Are enacted by the President when the economy enters in a recession
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