Solved

Identify Whether Each of the Following Policies Is (1)an Example

Question 31

Essay

Identify whether each of the following policies is (1)an example of a discretionary fiscal policy,(2)an example of an automatic stabilizer,or (3)not a fiscal policy.
a. Food stamps
b. Government spending on rebuilding airports
c. Tax credits for the purchase of energy-efficient appliances
d. Changing the required reserve ratio
e. The progressive income tax system

Correct Answer:

verifed

Verified

a. Welfare payments are an automatic sta...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents