Identify Each of the Following as (I)part of an Expansionary

question 89

Essay

Identify each of the following as (i)part of an expansionary fiscal policy,(ii)part of a contractionary fiscal policy,or (iii)not part of fiscal policy.
a.The personal income tax rate is lowered.
b.Congress cuts spending on defense.
c.College students are allowed to deduct tuition costs from their federal income taxes.
d.The corporate income tax rate is lowered.
e.The state of Nevada builds a new tollway in an attempt to expand employment and ease traffic in Las Vegas.

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Definitions:

Power Struggles

Competitive or conflictual situations where different groups or individuals vie for control, authority, or dominance.

Intelligence Community

A collective group of government agencies and organizations in the United States responsible for intelligence activities.

Department of Homeland Security

A cabinet department of the U.S. federal government responsible for public security, formed in response to the September 11 attacks.

Cold War

A period of political and military tension after World War II between powers in the Western Bloc (led by the United States) and powers in the Eastern Bloc (led by the Soviet Union), without direct large-scale fighting.