There Are Four Limitations to the Effectiveness of Discretionary Fiscal

question 66

Multiple Choice

There are four limitations to the effectiveness of discretionary fiscal policy. Which item below is NOT one of these limitations?

• A)fiscal multiplier
• B)estimating potential GDP
• C)shrinking area of law-maker discretion
• D)economic forecasting
• E)law-making time lag

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Definitions:

Basilar Cells

Specialized cells found in the organ of Corti within the cochlea of the inner ear, which play a role in the hearing process by supporting the hair cells responsible for converting sound vibrations into electrical signals.

Ossicles

Three small bones located in the middle ear known as the malleus, incus, and stapes, which transmit sound vibrations from the eardrum to the inner ear.

Cochleas

Spiral-shaped organs located in the inner ear responsible for converting sound waves into electrical signals that can be interpreted by the brain.

Gustatory Perception

The sensory impression of food or other substances on the taste buds of the tongue.