Discretionary Policy Deficits Are Associated With

question 56

Multiple Choice

Discretionary policy deficits are associated with:

• A)increases in national saving.
• B)higher prices.
• C)lower outputs.
• D)lower interest rates.
• E)raising taxes.

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Definitions:

Equivalence

The state of being equal in value, function, or meaning.

Psychic Value

The importance or significance that an individual attaches to objects, events, or relationships as per their emotional or unconscious investment.

Desires

Strong feelings of wanting or wishing for something to happen or be the case.

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof.