Answered: _____ are elements of fiscal policy…

_____ are elements of fiscal policy that automatically change when income changes. a. Budget deficits b. Automatic stabilizers c. Supply-side shocks d. Exchange rates e. Statistical discrepancies

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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43

_____ are elements of fiscal policy that automatically change when income changes.

a.
Budget deficits

b.
Automatic stabilizers

c.
Supply-side shocks

d.
Exchange rates

e.
Statistical discrepancies

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