Please add the appropriate word or words to complete the sentences.

1.Fiscal Policy is how a government and spends tax revenues.

2.All multipliers increase some act by a certain number of times.

3.The net tax multiplier is the proportion between the induced change in expenditures and the initial change in net .

4.The expenditure multiplier is the proportion between the change in expenditures and the initial change in AD.

5.Both the NT_m and the E_m rely on to determine their multiplied effect.

6.Since the NT_m is always less than E_m, a change in taxes will have a(n) impact on the economy than a change in expenditures.

7.Expansionary fiscal policy is sometimes called a fiscal .

8.If an economy experiences an economic , the government can combat this with an increase in government purchases or a decrease in marginal tax rates.

9.Contractionary fiscal policy is sometimes referred to as a fiscal .

10.If the government decides to raise taxes to prevent, this is an example of contractionary fiscal policy.