1. Determine whether the following government action is a discretionary fiscal policy (DFP) or a non-discretionary fisca
Posted: Wed Apr 27, 2022 12:18 pm
1. Determine whether the following government action is a discretionary fiscal policy (DFP) or a non-discretionary fiscal policy (NDFP).
a. Spending on unemployment check payments rises when more people lose their jobs during a recession. ___________
b. Congress decides to raise taxes during a period of expansion. __________
c. Congress votes to expand spending on infrastructure. __________
d. During a recession, households often experience a decline in income, which moves them into a lower tax bracket. ____________
a. Spending on unemployment check payments rises when more people lose their jobs during a recession. ___________
b. Congress decides to raise taxes during a period of expansion. __________
c. Congress votes to expand spending on infrastructure. __________
d. During a recession, households often experience a decline in income, which moves them into a lower tax bracket. ____________