ECON 104

Allegany College Of Maryland

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December 2022

2022/2023

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Student: ___________________________________________________________________________ 1. Fiscal policy is carried out primarily by: A. the federal government. B. provincial and local governments working together. C. provincial governments alone. D. local governments alone. 2. Discretionary fiscal policy refers to: A. any change in government spending or taxes which destabilizes the economy. B. the authority which Parliament has to change personal income tax rates. C. changes in taxes and...
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