Discretionary Fiscal Policy Is a Policy That _____

question 109

Multiple Choice

Discretionary fiscal policy is a policy that _____

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

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Definitions:

Cost

The amount of money required to purchase something or the expense associated with creating or maintaining a service or product.

Supply Metrics

Measures and data used to assess the efficiency and effectiveness of a supply chain, including lead time, inventory levels, and order accuracy.

Efficiency

The ratio of useful output to total input, used to measure the effectiveness of a system, process, or machine in utilizing resources.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.