Discretionary Fiscal Policy Is Defined as the

question 8

Multiple Choice

Discretionary fiscal policy is defined as the

• A) deliberate change in tax laws and government spending to change equilibrium income.
• B) deliberate manipulation of the money supply to expand the economy.
• C) arbitrary fluctuation in tax laws and budget requirements.
• D) automatic change in certain fiscal instruments when real GDP changes.
• E) policy action taken by Congress to reduce the federal budget deficit.

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Definitions:

Alkynes

A group of hydrocarbons that contain at least one carbon-carbon triple bond, characterized by the formula CnH2n-2.

Triple Bond

A chemical bond in which three pairs of electrons are shared between two atoms, making it stronger and shorter than single and double bonds.

Molecular Formula

A notation that shows the type and number of atoms in a molecule but not their structural arrangement.

1-Hexyne

A colorless, flammable liquid hydrocarbon with a triple bond in its structure, part of the alkyne group, used in organic synthesis.