Congress increases personal income tax rates to balance the budget. Automatic stabilizers will the in aggregate demand. increase; expansionary; increase decrease; expansionary; increase increase; contractionary; decrease decrease; contractionary; decrease the effect of
Congress increases personal income tax rates to balance the budget. Automatic stabilizers will the in aggregate demand. increase; expansionary; increase decrease; expansionary; increase increase; contractionary; decrease decrease; contractionary; decrease the effect of
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 1P
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