Discretionary Fiscal Policy Is a Fiscal Policy Action,such as

question 211

Multiple Choice

Discretionary fiscal policy is a fiscal policy action,such as

• A)an interest rate cut,initiated by an act of Congress.
• B)an increase in payments to the unemployed,initiated by the state of the economy.
• C)a tax cut,initiated by an act of Congress.
• D)a decrease in tax receipts,initiated by the state of the economy.
• E)an increase in the quantity of money.

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Definitions:

Number Of Employees

The total count of individuals employed by a company or organization, either full-time or part-time.

Step-down Method

A method used in cost accounting to allocate service department costs to producing departments, considering inter-departmental services.

Step-down Method

An accounting method used for allocating indirect costs to different departments based on a hierarchy where the first allocation base is the costliest department.

Personnel Department

The division of a business that is focused on activities relating to employees, such as hiring, training, and benefits administration.