A Fiscal Policy in Which the Government Attempts to Offset

question 192

Multiple Choice

A fiscal policy in which the government attempts to offset any change in aggregate expenditures that would create a business cycle is called a:

• A)supply-side policy.
• B)regulatory policy.
• C)countercyclical fiscal policy.
• D)laissez-faire policy.

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Definitions:

Large Amounts

Referring to a significantly high quantity or volume of something.

Armed

Being equipped with weapons, especially firearms, for defense, attack, or intimidation purposes.

Carefully Planned

Actions or tasks that are devised with consideration and forethought, often to achieve a specific goal or outcome efficiently.

Entirely Unplanned

Refers to events or actions that occur without any prior intention or preparation, often leading to spontaneous and unpredictable outcomes.