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vellojo vellojo
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Posts: 2982
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7 years ago
An example of an automatic fiscal policy stabilizer is when
A) Congress decides to cut government expenditure.
B) the president drafts a bill to reduce defense spending.
C) Congress passes a law that raises tax rates.
D) tax revenues decrease as real GDP decreases.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 64 times
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Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
7 years ago
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vellojo Author
wrote...
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
wrote...
7 years ago
Happy to help Slight Smile
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