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
Step by Step Solution
3.33 Rating (159 Votes )
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
