What is fiscal policy and why is it important?
Automatic Stabilizers- Macro Topic 3.9
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Business, Social Studies
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11th Grade - University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the difference between discretionary and non-discretionary fiscal policy.
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
How do automatic stabilizers work in non-discretionary fiscal policy?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe how government spending can influence aggregate demand.
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5.
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3 mins • 1 pt
What actions can the government take during a recession regarding taxes?
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