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With Discretionary Policy Making, Fiscal and Monetary Policies Are Usually

Question 198

Multiple Choice

With discretionary policy making, fiscal and monetary policies are usually


A) undertaken in response to or anticipation of some change in the overall economy.
B) set according to pre-established standards that do not take into account any changes in the economy.
C) immune to any political overtones.
D) immune to any lag times that might counter their effectiveness.

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