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Jlenok [28]
2 years ago
7

Suppose the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The

government is engaging in a(
Business
1 answer:
lara31 [8.8K]2 years ago
7 0

When the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The government is engaging in "neutral fiscal policy".

<h3>What is neutral fiscal policy?</h3>

When a government choice to tax, spend, or borrow has, or is meant to have, no overall impact on the economy, the action is considered fiscally neutral. Changes in policy can be viewed as neutral in terms of either their macroeconomic, microeconomics, or both effects.

fiscal neutrality occurs when taxes and government spending have no net effect-

  • on the overall budget,
  • total demand,
  • economic activity.

To know more about the difference between macroeconomics and microeconomics, here

brainly.com/question/26191496

#SPJ4

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Answer:

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4 years ago
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ikadub [295]

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AlladinOne [14]

Answer:

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A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

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3 years ago
The _________ __________ of a speech are the major ideas that you will relay to receivers through your speech.
Eddi Din [679]
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