Countercyclical policy
What will be an ideal response?
fiscal policy in which taxes are lowered
and expenditure is raised when the
economy is weak, and the opposite occurs when the economy is strong
Economics
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An increase in expected inflation results in
A) lower nominal interest rates and higher bond prices. B) lower real interest rates and higher bond prices. C) higher real interest rates and lower bond prices. D) higher nominal interest rates and lower bond prices.
Economics
One way the government provides public goods is by ________________, which helps to spread the cost around and eliminates the free-rider problem.
a. supporting research and development b. charging per-use fees, such as tolls c. taxation d. exclusionary participation
Economics