Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. Fiscal policy that is built into the law and requires no specific action by Congress is called a. Procyclical, non-discretionary fiscal policy b. Automatic
2. Fiscal policy that is built into the law and requires no specific action by Congress is called a. Procyclical, non-discretionary fiscal policy b. Automatic stabilizers, also known as non-discretionary policy c. Procyclical, discretionary policy d. Automatic stabilizers, also known as discretionary policy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
