Fiscal policy changes automatically when output and, Ask an Expert

Economics

Fiscal policy changes automatically when output and employment fluctuate a. Explain why tax revenue changes during a recession b. Explain why government spending changes during a recession c. If the federal government was required to operate under a balanced budget rule, what would it have to do during a recession? Would that make the recession more or less severe?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91675216

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