Discretionary fiscal policy is best described as
A) a deliberate action to move the economy toward full employment and price stability more quickly than it might otherwise.
B) a deliberate attempt to improve the functioning of free markets.
C) an automatic change in income transfer payments to keep the economy at full employment.
D) the design of a tax system that automatically stabilizes economic activity over time.
Correct Answer:
Verified
Q22: The discretionary change of government expenditures or
Q23: Which of the following actions could be
Q24: Fiscal policy involves discretionary changes in
A) interest
Q25: Q26: According to traditional Keynesian analysis, fiscal policy Q28: Which of the following actions could be 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![]()