Changes in Government Spending And/or Taxes as the Result of Legislation

question 39

Multiple Choice

Changes in government spending and/or taxes as the result of legislation, is called

• A) open market operations of the Federal Reserve.
• B) discretionary fiscal policy.
• C) balanced budget operations.
• D) discretionary monetary policy.

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Definitions:

Body Structure

The physical and anatomical makeup of a living organism, including its organs, tissues, and cells.

Cells

The basic structural, functional, and biological units of all living organisms, serving as the building blocks of life.

Semipermeable Membrane

A type of barrier that allows certain molecules or ions to pass through it by diffusion and occasionally specialized "facilitated diffusion."

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.