An Example of Automatic Fiscal Policy Is When

question 140

Multiple Choice

An example of automatic fiscal policy is when

• A) tax revenues decrease as real GDP decreases.
• B) Congress passes a law that raises tax rates.
• C) Congress decides to cut government expenditure.
• D) the president drafts a bill to reduce defense spending.

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Definitions:

Schizophrenia

A psychiatric disorder characterized by delusions, hallucinations, disorganized speech, and impaired cognitive abilities.

Gradually

A progression in small stages or degrees over time.

Exposure

Refers to the state of being subjected to contact with something (e.g., a new environment, a language, or a type of learning material), often leading to increased familiarity or acquiring new skills.

Object of the Phobia

The specific subject or situation that triggers an irrational and excessive fear in an individual suffering from a phobia.