Countercyclical Fiscal Policy

question 87

Multiple Choice

Countercyclical fiscal policy

• A) is fiscal policy that seeks to counteract business-cycle fluctuations.
• B) only includes expansionary fiscal policy.
• C) only includes contractionary fiscal policy.
• D) attempts to counteract pro-cyclical fiscal policy.
• E) is no longer used by the government.

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Definitions:

Legacy Systems

Older computer systems, software, or technology that are still in use, despite newer alternatives being available.

Hardware Purchases

The act of buying physical components and devices used in computing and technological systems.

Secondary Storage

Non-volatile memory that is used to store data permanently, serving as additional storage apart from the computer's primary storage.

Primary Storage

Memory that is directly accessible by the CPU of a computer, such as RAM, used for storing data temporarily during processing.