Which of the following are examples of discretionary fiscal policy? (Check all that apply.) A. The...
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Which of the following are examples of discretionary fiscal policy? (Check all that apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. ☐c. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. The government spends more on the military to provide assistance to England after a natural disaster. F. A state government borrows money to finance the building of a new bridge. Which of the following are examples of discretionary fiscal policy? (Check all that apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. ☐c. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. The government spends more on the military to provide assistance to England after a natural disaster. F. A state government borrows money to finance the building of a new bridge.
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Discretionary fiscal policy is the governments use of ... View the full answer
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
Posted Date:
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