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An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;

An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;

Economics (MindTap Course List)
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter11: Fiscal Policy And The Federal Budget
Section: Chapter Questions
Problem 8WNG
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An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
Transcribed Image Text:An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
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