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.

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Definitions:

Oxygen Tanks

Containers used to store oxygen for medical purposes, enabling patients with respiratory issues to receive the oxygen they need.

Pulse Oximetry

A non-invasive test that measures the oxygen saturation level, or the amount of oxygen in the patient's blood, by attaching a sensor to a part of the body, often a fingertip.

Pneumonia

An inflammatory condition of the lung affecting primarily the small air sacs known as alveoli, usually caused by infectious agents such as bacteria, viruses, or fungi.

Oxygenation

The process of supplying, adding, or replacing oxygen in the body, typically referring to the oxygenation of blood in the respiratory system.