Which of the Following Best Illustrates the Use of Discretionary

question 13

Multiple Choice

Which of the following best illustrates the use of discretionary countercyclical fiscal policy?

• A) Congress provides $90 billion in relief aid for hurricane victims.
• B) Congress appropriates $50 billion to help the needy, and the appropriation is financed by a tax on wealth.
• C) Income tax receipts are smaller because of a decline in real GDP during a recession.
• D) Congress passes a bill authorizing $100 billion in additional spending when it receives news of a deepening recession.

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Definitions:

Sacred

Sacred describes something that is considered holy, divine, or of supreme importance, often associated with religious reverence and ritual.

Durkheim

Refers to Emile Durkheim, a French sociologist who significantly contributed to the establishment of sociology as a discipline, focusing on areas like social solidarity and collective behavior.

Totems

Are objects that symbolize the sacred.

Sacred

Connected with God (or the gods) or dedicated to a religious purpose and so deserving veneration.