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1. Suppose Congress passes an appropriation bill increasing government spending without any tax bill. What kind of fiscal policy would this be? a. Discretionary fiscal

1. Suppose Congress passes an appropriation bill increasing government spending without any tax bill.

What kind of fiscal policy would this be?

a. Discretionary fiscal policy or automatic stabilizer?

b. Expansionary or contractionary fiscal policy?

c. In which economic situations, this could be considered an appropriate policy?

2. We have progressive income tax structure. Are you for it or against it? Give your argument why do you think so?

3.. Respond to at least one of your classmate's post and show what is missing in their analysis. The last question is mainly opinions. Please be respectful of others

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