Discretionary fiscal policy is so named because it
A)is undertaken at the option of the nation's central bank.
B)occurs automatically as the nation's level of GDP changes.
C)involves specific changes in T and G undertaken expressly for stabilization at the option of Congress.
D)is invoked secretly by the Council of Economic Advisers.Accessibility: Keyboard Navigation

Question

Quizplus · Accepted Answer

Discretionary fiscal policy refers to deliberate changes in government spending (G) and taxation (T) by Congress to influence the economy, particularly for stabilization purposes.

Discretionary Fiscal Policy Is So Named Because It