Automatic stabilizer and discretionary fiscal policy

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Classify the following as automatic stabilizer, discretionary fiscal policy, or not fiscal policy a. the federal government increases spending because of the war in Iraq and Afghanistan b. the Federal Reserve increases the money supply c. during a recession, the total amount the federal government pays out in food stamps and Medicaid increases d. congress and the president cut taxes temporarily to stimulate the economy e. during an expansion, the amount of income taxes collected increases

Reference no: EM13981435

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