A pay-as-you-go rule, which requires that any tax cut or increase in entitlement spending be offset by
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A pay-as-you-go rule, which requires that any tax cut or increase in entitlement spending be offset by an increase in other taxes or reduction in other entitlement spending, is an example of which fiscal policy stance?
A. Neutral B. Expansionary C. Contractionary
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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