Classify the following items as automatic fiscal policy actions, discretionary fiscal policy actions, or neither An increase in expenditure on homeland security An increase in unemployment benefits paid during a recession Decreased expenditures on national defense during peace time An increase in M...

An increase in expenditure on homeland security Discretionary fiscal p ...

Classify the following items as automatic fiscal policy actions, discretionary fiscal policy actions, or neither. An increase

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Classify the following items as automatic fiscal policy actions, discretionary fiscal policy actions, or neither.

An increase in expenditure on homeland security
An increase in unemployment benefits paid during a recession
Decreased expenditures on national defense during peace time
An increase in Medicaid expenditure brought about by a flu epidemic
A cut in farm subsidies

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 22, 2018 01:13 AM

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Classify the following items as automatic fiscal policy actions, discretionary fiscal policy actions, or neither. An increase

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Foundations of Macroeconomics

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