Discretionary Fiscal Policy

question 19

Multiple Choice

Discretionary fiscal policy

• A)does not require changes in law.
• B)does not require the involvement of Congress or the president.
• C)is the same as a tax increase.
• D)requires action on the part of the president and Congress.
• E)needs the approval of the Federal Reserve Board.

---

Definitions:

Career Success

Achieving personal satisfaction and recognition in one's professional endeavours, often marked by promotions, achievements, and financial gain.

Negativity

A tendency to be overly critical, pessimistic, or generally negative in outlook, often affecting one's demeanor and interactions with others.

Cynicism

An attitude characterized by a general distrust of others' motives believing that humans are primarily motivated by self-interest.

Auditor

A professional who examines and evaluates the accuracy and completeness of financial records and statements.