Discretionary Fiscal Policy May Fail to Stabilize the Economy or May

question 64

Multiple Choice

Discretionary fiscal policy may fail to stabilize the economy or may even make the economy less stable because of:

• A) its ineffectiveness.
• B) government waste.
• C) lags in deciding on and implementing a policy change.
• D) the business cycle.

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Definitions:

Confront Change

The process of addressing and adapting to new or different circumstances, conditions, or challenges in various contexts, such as personal, societal, or organizational.

Adaptive Leader Behavior

A leadership style characterized by the ability to adjust strategies and approaches based on changes in the environment or organization.

Radically Different Ideas

Ideas that are fundamentally distinct and often innovative, challenging conventional thinking or established norms.

Production Problem

Issues or challenges faced in the process of creating goods or providing services, which can impact efficiency, quality, and profitability.