Question
Examine whether the following items are Automatic stabilizers or discretionary changes or none. (a) Unemployment benefits (b) Tax cuts (c) An increase in government spending
Examine whether the following items are Automatic stabilizers or discretionary changes or none.
(a) Unemployment benefits
(b) Tax cuts
(c) An increase in government spending on road work
(d) Progressive tax system
(e) Higher interest rates
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Energy, Foresight And Strategy
Authors: Thomas J Sargent
1st Edition
1317329686, 9781317329688
