Expansionary fiscal policy , is a fiscal policy used to close a recessionary gap. is a revenue and spending program in the federal budget that automatically adjusts with the ups and downs of the economy. is an emergency manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals. is a revenue and spending program in the federal budget that never adjusts with the ups and downs of the economy. is a monetary policy change.
Expansionary fiscal policy , is a fiscal policy used to close a recessionary gap. is a revenue and spending program in the federal budget that automatically adjusts with the ups and downs of the economy. is an emergency manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals. is a revenue and spending program in the federal budget that never adjusts with the ups and downs of the economy. is a monetary policy change.
Chapter15: Fiscal Policy
Section: Chapter Questions
Problem 3SQ
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ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning