_____ Are Changes in Fiscal Policy That Stimulate Aggregate Demand

question 114

Short Answer

_____ are changes in fiscal policy that stimulate aggregate demand when the economy goes into recession without policymakers having to take any deliberate action.

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Definitions:

Limited Liability

A legal structure where a company's owners are protected from personal responsibility for its debts or liabilities.

Business Organizations

Various forms of entities set up to conduct commercial enterprise, including corporations, partnerships, and sole proprietorships.

Public Corporation

A company whose shares are traded freely on a stock exchange, with many shareholders and subject to public reporting regulations.

Ethics

The branch of philosophy that deals with moral principles, governing a person's behavior or conducting an activity.