Multiple Choice
The distinction between discretionary fiscal policy and the use of automatic stabilizers is that
A) only discretionary fiscal policy can stimulate the economy.
B) only automatic stabilizers can stimulate the economy.
C) discretionary fiscal policy, once adopted, is built into the structure of the economy.
D) automatic stabilizers, once adopted, are built into the structure of the economy.
Correct Answer:

Verified
Correct Answer:
Verified
Q57: If the economy is experiencing inflationary boom,
Q58: According to the Keynesian view, if real
Q59: Keynesian analysis indicates that an unexpected decline
Q60: Prior to the Great Depression, most economists
Q61: Rather than seeking to balance the budget,
Q63: When aggregate demand exceeds current output, Keynesian
Q64: Mathematically, the marginal propensity to consume is<br>A)
Q65: What is fiscal policy? What is the
Q66: Use the figure below to answer the
Q67: Use the figure below to answer the