Discretionary fiscal policy refers toMultiple Choicethe authority that the president has to change personal income tax rates.intentional changes in taxes and government expenditures made by Congress to stabilize the economy.the changes in taxes and transfers that occur as GDP changes.any change in government spending or taxes that destabilizes the economy.
Question
Discretionary fiscal policy refers toMultiple Choicethe authority that the president has to change personal income tax rates.intentional changes in taxes and government expenditures made by Congress to stabilize the economy.the changes in taxes and transfers that occur as GDP changes.any change in government spending or taxes that destabilizes the economy.
Solution
Discretionary fiscal policy refers to intentional changes in taxes and government expenditures made by Congress to stabilize the economy.
Similar Questions
Discretionary (one word) policy consists of deliberate changes in government spending and taxation designed to achieve full employment, control inflation, and encourage economic growth.
Which of the following is an example of discretionary fiscal policy? Government builds more hospitals as the population ages. An increase in total unemployment benefit payments during a recession due to rising unemployment. An increase in corporate tax collection during an expansion because of more sales. A decrease in total unemployment benefit payments during expansion due to increasing employment. An increase in the interest rate.
Discretionary fiscal policy involves changes in government spending and taxes at the option of the Blank______.Multiple choice question.president aloneFederal Reserve BankU.S. Treasurypresident and Congress
Discretionary spending refers to programs in the U.S. federal budget that:A.are funded by states rather than the federal government.B.can only be funded in periods of economic recession.C.have funding levels controlled by Congress.D.must receive a certain level of funding by law.SUBMITarrow_backPREVIOUS
The deliberate use of changes in government spending and/or taxes to alter AD and stabilise the business cycle is called:Group of answer choicescontinuous fiscal policy.monetary policy.important international policy.discretionary fiscal policy.
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