The Use of Discretionary Fiscal Policy to End a Recession

question 98

Multiple Choice

The use of discretionary fiscal policy to end a recession is limited because

• A)the real- world multiplier is too small to have an impact on real GDP.
• B)the legislative process is slow.
• C)in the real world, taxes are not induced.
• D)potential GDP changes too rapidly.

Evaluate the social policies and practices designed to address racial and ethnic discrimination and promote diversity.

Understand the concept and examples of institutional discrimination.

Distinguish between racism, prejudice, and discrimination.

Recognize the systemic nature of racism and its impact on societal structures.

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Definitions:

Conditioned Stimulus

A neutral stimulus that, once linked with an unconditioned stimulus, ultimately initiates a conditioned response.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Fireworks

Pyrotechnic devices used for entertainment purposes that explode to produce colorful lights and sounds.

Classical Conditioning

An educational method that develops through the connection between a stimulus in the environment and a stimulus that naturally occurs, resulting in a conditioned response.