Discretionary fiscal policy is defined as fiscal policy
A) left to the discretion of military authorities.
B) initiated by an act of Congress.
C) initiated by a Presidential proclamation.
D) triggered by the state of the economy.
E) with multiplier effects.
Correct Answer:
Verified
Q20: Q21: If the government reduces expenditure on goods Q22: A $100 million decrease in government expenditure Q23: In 2009,Congress passed tax laws to reduce Q24: Discretionary fiscal policy is a fiscal policy Q26: The government expenditure multiplier is used to Q27: The magnitude of the government expenditure multiplier Q28: The national debt is Q29: If government expenditure on goods and services Q30: When the government's outlays equal its tax
A)tax revenue minus government
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents