The Recent Use of Discretionary Fiscal Policy Was Facilitated by

Multiple Choice

The recent use of discretionary fiscal policy was facilitated by

A) the elimination of the balanced budget amendment.
B) the ineffectiveness of monetary policy.
C) changing beliefs among economists about the lags of monetary policy.
D) the use of automatic policy rules.
E) the prediction of high rates of unemployment that could otherwise occur in the future if government did nothing.