Discretionary fiscal policy is defined as fiscal policy
A) left to the discretion of military authorities.
B) initiated by a Presidential proclamation.
C) initiated by an act of Congress.
D) with multiplier effects.
E) triggered by the state of the economy.
Correct Answer:
Verified
Q45: Q46: Ignoring any supply-side effects, when taxes are Q47: Which of the following is a limitation Q48: Which of the following is an example Q49: The balanced budget multiplier is Q51: In a recession, needs-tested spending--------------------and induced taxes-------------------- Q52: When the government's expenditures exceed its tax Q53: The quantity of employment is determined in Q54: Mainstream economists believe that Keynesian economists overstate Q55: If we compare the United States to
A)positive because the
A)increases;
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