Which of the Following Is a Limitation of Discretionary Fiscal

question 47

Multiple Choice

Which of the following is a limitation of discretionary fiscal policy?
i. The legislation time lag
ii. Estimating potential GDP
iii. The income gap

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) i, ii and iii

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Definitions:

Bank Fraud

The use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution.

Foreign Corrupt Practices Act

A United States federal law aimed at preventing the bribery of foreign government officials to assist in obtaining or retaining business.

Foreign Corrupt Practices Act

U.S. legislation aimed at preventing companies and their representatives from bribing foreign officials to gain a business advantage.

Bribery of Foreign Officials

The act of offering or giving anything of value to foreign government officials with the intent to influence their decisions in favor of the briber.