Which of the Following Is NOT a Valid Criticism of Discretionary

question 66

Multiple Choice

Which of the following is NOT a valid criticism of discretionary fiscal policy?  

• A) Implementation of fiscal policy is sometimes difficult. 
• B) Time lags in fiscal policy are long. 
• C) Fiscal policy works only during periods of stagflation. 
• D) Fiscal policy often affects only current income, but many economic decisions are made on the basis of permanent income.

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Definitions:

Specified Tolerance

The permissible limit or range of variation defined for a dimension, material condition, or geometric characteristic.

Angularity

A geometric dimensioning and tolerancing (GD&T) term that describes the angle tolerance of a feature relative to a datum.

Specified Angle

An angle that is expressly defined or given, often noted in technical drawings or design specifications for construction or manufacturing.

Parallelism

The relationship between two lines or surfaces that are equidistant from each other at all points.