All the Following Actions Represent Fiscal Policy EXCEPT

question 145

Multiple Choice

All the following actions represent fiscal policy EXCEPT

• A)a reduction in the money supply by the Federal Reserve.
• B)an increase in government spending.
• C)a reduction in individual income tax rates.
• D)an increase in corporate income tax rates.

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Definitions:

Facilitation Payment

A type of bribe made to expedite or secure the performance of a routine or necessary action to which the payer is legally entitled.

Utilitarian

A philosophy which suggests that actions are right if they are beneficial for the majority, emphasizing the greatest happiness for the greatest number.

Greatest Good

A principle in utilitarian ethics focused on actions that result in the greatest benefit or happiness for the largest number of people.

Cognitive Moral Development

A theory proposed by Lawrence Kohlberg that suggests people progress through different stages of moral reasoning as their cognitive abilities mature.