ECON-1012-B-Introduction to Macroeconomics
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Which of the following transactions would not increase an existing budget deficit?
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The economy is in a recession and the recessionary gap is large. What is a discretionary fiscal stimulation package that would avoid a larger budget deficit?
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Who makes Canada's fiscal policy?
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Which of the following actions is an example of expansionary fiscal policy?
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Why is the effect of a change in taxes on the government budget balance less than the same sized change in government expenditure?
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If the economy is in a recession and the government has a budget deficit, how would a business-cycle expansion impact the deficit?
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If the government's revenues exceed its outlays, what is the government's budget balance and is the budget a surplus or a deficit?The government's budget balance is ________, and the budget is a ________.
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What is the crowding-out effect of the government expenditure multiplier?It is the
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If the government's outlays exceed its revenues, what is the government's budget balance and is the budget a surplus or a deficit?The government's budget balance is ________, and the budget is a ________.
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Which of the following statements about fiscal policy is correct?
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