The $1200 and $600 stimulus checks that many Americans received over the last year is an example of (select all that apply): a) Tax credit b) Contractionary fiscal policy c) Transfer payments d) Automatic stabilizer e) Discretionary fiscal policy f) Government purchases of final goods and services g) Expansionary fiscal policy
The $1200 and $600 stimulus checks that many Americans received over the last year is an example of (select all that apply): a) Tax credit b) Contractionary fiscal policy c) Transfer payments d) Automatic stabilizer e) Discretionary fiscal policy f) Government purchases of final goods and services g) Expansionary fiscal policy
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 1P
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![The $1200 and $600 stimulus checks that many Americans received over the last year is an example of
(select all that apply):
a) Таx credit
b) Contractionary fiscal policy
c) Transfer payments
d) Automatic stabilizer
e) Discretionary fiscal policy
f) Government purchases of final goods and services
g) Expansionary fiscal policy](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6f814ab0-8c0e-413e-a2c0-eeb88c228083%2F06079753-5e53-4ae5-8028-f0b0bbcdaba6%2Fa2how7p_processed.png&w=3840&q=75)
Transcribed Image Text:The $1200 and $600 stimulus checks that many Americans received over the last year is an example of
(select all that apply):
a) Таx credit
b) Contractionary fiscal policy
c) Transfer payments
d) Automatic stabilizer
e) Discretionary fiscal policy
f) Government purchases of final goods and services
g) Expansionary fiscal policy
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