Question 38 For questions 34 - 39 choose whether each is an example ofa discretionary fiscal policyb. automatic stabilizerC. monetary policyd. none of the abovea_34. The federal government increased spending on firefighting in Califormia.c 35. The Federal Reserve sells Treasury securities to tighten the money supply.b 36. The total amount the federal government spends on unemployment compensation rises during arecession.37. In 2010 the US government introduced a $700B infrastructure program to create jobs.38. In 2021 the US government passed a $1T program to replace failing infrastructure such as roadsand bridges.a 39. The federal government enacts a temporary tax cut across all income brackets.

Question 38. In 2021, US government passes a $1T program to replace failing infrastructure (roads…

Answered: In 2021 the US government passed a $1T…

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In 2021 the US government passed a $1T program to replace failing infrastructure such as roads and bridges.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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