FILL IN THE BLANIC Please add the appropriate word or words to complete the sentencea 1 Fiscal Polley is how a government and spend : taxrevenues 2 All multipliere increase some act by acertain number of tolee 3. The net tax multiplier de the proportion between the lodused change do expenditures and the toitlal changeto Det - 4 The expenditure mulup Heris the proportion between the change to expenditures and the toitlal change to AD. 5. Both the NT_ and the E. relyon to determine their multiplied effect. 6 Since the NT. dealways lessthan E_ a change in taxes will have a(p) impact on the economy than a change to expenditures 7. Expanelonary filecal polley fe sometimes called a flecal . B. Ifan economy experience: an economic , the government can combat the with an tocrease to government purchases of a decrease to marginal taxrates 9. Contractionary flecal policy de sometimes referred to as afiscal . 10. If the government decides to radee taxes to prevent , thele an example of contractionary fiscal policy. 11 Entitlements are funded with appropriation: The means the authority for those expenditures comes from enacted legislation. 12 If government exceed the a budget deficit will be generated 13. If government exceed a budget surplus is created 14 Federal budget dealdte are more than budget surpluses 15. National debtis the of past government budget dealcate, plus interest 16. Active or countercyclical fiscal policy is a budget strategy that states changes to filecal polley will impact cDO- 17. Changes in flevel policy that are by changes in economic conditions given unchanged tax and spending law de Known as automatic flecal policy