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:

Social Enterprise

Organizations that apply commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for shareholders.

Social Business

A type of business model that aims to solve social problems through innovative solutions while being financially self-sustainable.

Charity

An organization set up to provide help and raise money for those in need.

Organizational Capacity

The capabilities, resources, and systems that an organization possesses to effectively achieve its goals and fulfill its mission.