An Example of a Discretionary Fiscal Policy Is When

question 207

Multiple Choice

An example of a discretionary fiscal policy is when

• A) tax receipts fall as incomes fall.
• B) unemployment compensation payments rise with unemployment rates.
• C) food stamp payments rise when the economy is in a recession.
• D) Congress passes a law that raises marginal tax rates.

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Definitions:

Portable TV

A small, lightweight television set designed for easy transportability and convenience, enabling viewing in various locations.

Breach of Contract

Not meeting any obligation of a contract, regardless of it being formalized in writing or orally, without a justified legal justification.

Mail

The system by which letters, packages, and other types of correspondence are delivered from one location to another.

Reasonable Time

A legal standard referring to a time period that is fair and appropriate under the circumstances for performing a legal duty or obligation.