Question

In an​ expansion, federal tax receipts increase proportionally more than real GDP without the need for...

In an​ expansion, federal tax receipts increase proportionally more than real GDP without the need for any government policy. This increase is an example of

A.

discretionary fiscal policy.

B.

automatic monetary policy.

C.

discretionary monetary policy.

D.

the effect of deficit spending.

E.

automatic fiscal policy.

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