Discretionary Fiscal Policy Is a Policy That _____

question 38

Multiple Choice

Discretionary fiscal policy is a policy that _____.

• A)is developed in secret
• B)applies to some states and not all states
• C)applies to only to some specific industries in an economy
• D)works automatically without public announcement or plan
• E)is an intentional change in taxation or government spending

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Definitions:

Sign Test

A nonparametric test used to determine if there is a significant difference between paired observations.

Matched-Pairs Sample

An experimental design technique in which subjects are paired based on certain criteria, and each pair is treated differently to compare the effects.

Frequency Distributions

A summary of data showing the number (or frequency) of observations in each category of a variable.

Population Median

The population median is the value that divides the population into two equal halves, with half of the population values being less than the median and the other half being greater.