Multiple Choice
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 taxes and government spending undertaken expressly for stabilization at the option of Congress.
D) is invoked secretly by the Council of Economic Advisers.
Correct Answer:

Verified
Correct Answer:
Verified
Q213: An increase in the public debt and
Q214: Suppose the price level is fixed, the
Q215: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A)
Q216: Since 2009, when actual budget deficits were
Q217: When current government expenditures equal current tax
Q219: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q221: The Great Recession of 2007-09 and the
Q223: In a certain year, the aggregate amount
Q247: The portion of the public debt owed
Q372: If the cyclically adjusted budget has a