Business, 29.11.2019 06:31 meowmeowcow

Indicate whether each of the following is an example of an automatic stabilizer or discretionary fiscal policy.

1. the government increases the top income tax bracket to 35%.
2. the tax rate paid by an individual falls from 20% to 15% when his pay is reduced during a recession.
3. a person qualifies for unemployment compensation when she loses her job during a recession.
4. the government votes to increase military spending.
5. the government collects more tax revenue during an expansion because the stock market is booming.

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Indicate whether each of the following is an example of an automatic stabilizer or discretionary fis...