When Changes in Taxes and Government Spending Occur in the Economy

question 237

Multiple Choice

When changes in taxes and government spending occur in the economy without explicit action by Congress, such policy is called fiscal policy.

• A)cyclical
• B)implicit
• C)discretionary
• D)nondiscretionary

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Definitions:

Reproductive Success

An organism's ability to pass its genes onto the next generation, often measured by the number of offspring that survive to reproductive age.

Physical Attractive

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful.

Menstruate

The process in which blood and other materials from the lining of the uterus are discharged externally, occurring in most females as part of the monthly menstrual cycle.

Biological Reductionism

A perspective in psychology and other sciences that seeks to explain complex phenomena in terms of simpler biological processes.