This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following best illustrates the use of discretionary fiscal policy? a. Congress ... (Read 8 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
Which of the following best illustrates the use of discretionary fiscal policy?
 a. Congress providing 1 billion in relief aid for hurricane victims
 b. Congress appropriating 400 million to help the needy and the appropriation being financed by a tax on wealth
  c. Income tax receipts being smaller because of a decline in real GDP during a recession
 d. The Federal Reserve tightening credit when it receives news of accelerating inflation
 e. Congress passing a bill authorizing 2 billion in additional spending when it receives news of a deepening recession

Question 2

In the short-run, total fixed costs always exceed total variable costs.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
Wow, this really help

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
The power and control wheel illustrates the strategies that one partner may use to intimidate, ... The power and control wheel illustrates the strategies that one partner may use to intimidate, ...
Functional magnetic resonance image (fMRI). This image illustrates the areas of cortex that became ... Functional magnetic resonance image (fMRI). This image illustrates the areas of cortex that became ...
Diagram illustrates how the dimensions of masculinity and femininity Diagram illustrates how the dimensions of masculinity and femininity
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
Video: Digestive chemicals - water, gastric acid, bile & bicarbonate

For a complete list of videos, visit our video library