Discretionary Fiscal Policy Refers To

question 70

Multiple Choice

Discretionary fiscal policy refers to:

• A)any change in government spending or taxes which destabilizes the economy.
• B)the authority which Parliament has to change personal income tax rates.
• C)changes in taxes and government expenditures made by Parliament to stabilize the economy.
• D)the changes in taxes and transfers which occur as GDP changes.

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Definitions:

Numbered Section

A part of a document or publication that is designated and organized by numbers for easy reference.

Readability

The ease with which a reader can understand and interpret text, often influenced by writing style and layout.

Table Of Contents

A list located at the beginning of a document or book that displays the titles and page numbers of sections for easy navigation.

Situation Analysis

The process of evaluating the current state and conditions of a business or project to identify opportunities and threats.