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Loraine Loraine
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Posts: 4563
9 years ago
An example of automatic fiscal policy is
A) an interest rate cut, initiated by an act of Congress.
B) an increase in the quantity of money.
C) a tax cut, initiated by an act of Congress.
D) a decrease in tax revenues, triggered by the state of the economy.
E) any change in the interest rate, regardless of its cause.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 193 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
9 years ago
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