Fiscal Policy Flashcards
1
Q
Demand
A
Left leaning
2
Q
Supply
A
Right Leaning
3
Q
Demand Recession
A
Tax: decrease lower and middle
Gov Spending: increase social programs
4
Q
Demand Inflation
A
Tax: increase everyone
Gov Spending: decrease military
5
Q
Supply Recession and Inflation
A
Tax: decrease business and upper incomes
Gov Spending: decease social programs