The Notion That Discretionary Fiscal and Monetary Policies Are Subject

question 69

Multiple Choice

The notion that discretionary fiscal and monetary policies are subject to strong incentives to change them in an attempt to achieve short-term gains is called

• A) the separation of powers.
• B) policy transitivity.
• C) systematic inefficiency.
• D) rational expectancy.
• E) time inconsistency.

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Definitions:

Segmented

Divided into separate parts or sections, often to categorize or target different markets or demographics more effectively.

Positioned

The state of being placed or located in a particular spot or condition, often in strategic locations for business or logistical advantages.

Customer Needs

The specific desires, expectations, or requirements that a customer has regarding a product or service, which can influence their buying behavior.

Competitive Strategy

Tactics and plans that a business uses to establish a unique position, gain competitive advantage, and achieve superior profitability.