Discretionary fiscal policy is
A. deliberate changes in government expenditures or taxes in order to achieve certain national economic goals.
B. used to achieve full employment by changing monetary growth targets.
C. deliberate changes in government regulations in markets to achieve certain social goals.
D. automatic changes in government expenditures and interest rates that achieve certain national economic goals.
Answer: A
You might also like to view...
The demand curve:
A. represents consumers' willingness but not ability to buy. B. shows the highest amount consumers will pay for a specific quantity. C. visually displays the demand schedule. D. represents consumers' ability but not willingness to buy.
Economists speaking like policy advisers make
a. claims about how the world is. b. descriptive statements. c. normative statements. d. More than one of the above is correct.
If bagels and cereal are substitutes, then the cross-price elasticity of demand between bagels and cereal will be:
A. greater than zero. B. less than zero. C. greater than one. D. less than one.
McDonalds kept its U.S.-based menu when entering the Chinese market
Indicate whether the statement is true or false