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Economics - Unit 2 Lesson 9

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fiscal policy that combines increased government spending and tax cuts to spur economic growth

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Terms in this set (21)

fiscal policy that combines increased government spending and tax cuts to spur economic growth

expansionary fiscal policy

fiscal policy that is created in response to the state of the economy

automatic fiscal policy

an economic condition in which government expenditures exceed revenue

balanced budget

fiscal policy that is created by an act of Congress

discretionary fiscal policy

an annual account of government revenue and expenditures