Question
In an overheating economy, ________ is an example of an automatic stabilizer and ________ is an example of discretionary fiscal policy that both would help
In an overheating economy, ________ is an example of an automatic stabilizer and ________ is an example of discretionary fiscal policy that both would help close the inflationary gap.
increased tax revenues;
a bill decreasing government spending decreased tax revenues;
enhanced Social Security benefits increased tax revenues;
a stimulus check to boost consumption a bill decreasing government spending;
letting a consumption subsidy expire increased federal student loans; increased tax revenues
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Get StartedRecommended Textbook for
Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
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