Automatic fiscal policy ________ A. Requires an action of the government B. Is weak unless the government

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Automatic fiscal policy ________

A. Requires an action of the government

B. Is weak unless the government cuts its outlays to reduce the deficit

C. Operates as the economy moves along its business cycle

D. Reduces the deficit as the economy goes into recession

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 08:53 AM

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Automatic fiscal policy ________ A. Requires an action of the government B. Is weak unless the government

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Foundations of Macroeconomics

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