An example of automatic fiscal policy is
A) an interest rate cut, initiated by an act of Congress.
B) an increase in the quantity of money.
C) a tax cut, initiated by an act of Congress.
D) a decrease in tax revenues, triggered by the state of the economy.
E) any change in the interest rate, regardless of its cause.
D
Economics
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a. a decrease in the price of film processing b. an increase in the price of film c. an increase in income of camera users d. an increase in the price of cameras e. an increase in supply of cameras
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"Proprietor's income" refers to income received by:
A. Corporate executives B. Owners of small unincorporated enterprises C. Workers hired by small businesses D. Interns in businesses
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