A Fiscal Action That Is Triggered by the State of the Economy

question 32

Multiple Choice

A fiscal action that is triggered by the state of the economy is called

• A) monetarist policy.
• B) the tax wedge.
• C) the multiplier.
• D) automatic fiscal policy.

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Definitions:

NPO

"Nil per os," a medical instruction meaning to withhold oral food and fluids from a patient for various reasons.

Contrast Medium

A substance used in medical imaging to improve the visibility of internal structures or fluids within the body.

Passive

Accepting or allowing what happens or what others do, without active response or resistance.

Communication Style

The manner in which individuals express themselves and interact with others, which can vary greatly depending on personality, culture, and context.