Multiple Choice
Discretionary fiscal policy is defined as fiscal policy
A) left to the discretion of military authorities.
B) initiated by an act of Congress.
C) initiated by a Presidential proclamation.
D) triggered by the state of the economy.
E) with multiplier effects.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Ignoring any supply-side effects, how does the
Q13: When tax revenues minus outlays is<br>I.positive,the government
Q14: Discretionary fiscal policy is handicapped by<br>A)lawmaking time
Q15: Taxes that change with the level of
Q17: Which of the following is an example
Q19: When tax revenues equal government outlays,the situation
Q20: The Fed increases the quantity of money
Q21: If the federal government has a budget
Q22: If real GDP exceeds potential GDP,to move
Q23: When the Fed raises the federal funds