Question

In early 2008, it appeared that the U.S. economy was either in a recession or growing very slowly. President Bush announced a program of tax rebates. This program can be described as and was intended to_________a.discretionary fiscal policy; increase government spending.b.discretionary fiscal policy; decrease government spending.c.discretionary fiscal policy; increase consumer spending.d.an automatic stabilizer; increase consumer spending.e.an automatic stabilizer; increase government spending.

Answer 1

C. Discretionary fiscal policy and meant to increase consumer spending.

Step-by-step explanation:

Discretionary fiscal policy is basically the tax rebates that changes the expansion or shrink the economy as needed.