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An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;

An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
Transcribed Image Text:An increase in Medicaid expenditure brought about by a flu epidemic is. Decreased expenditures on national defense during peace time is _. A. automatic fiscal policy action; automatic fiscal policy action B. automatic fiscal policy action; discretionary fiscal policy action C. discretionary fiscal policy action; automatic fiscal policy action D. not fiscal policy action because it is expenditure based an event that the government cannot influence; not fiscal policy action because national defense is necessary;
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