Congress increasing taxes is an example of
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Congress might lower taxes if the economy appears to be in a:
a. period of expansion
b. recessionary period
c. period of increased employment
d. period of increasing GDP
Which of the following is an example of a discretionary fiscal policy action?
A) tax cuts passed by congress to fight a recession
B) Income tax receipts increasing during an expansion due to rising incomes
C) Unemployment insurance payments increasing during a recession
D)economic expansion causing a decrease in the number of food stamps issued.