Which One of the Following Is an Example of Discretionary

question 228

Multiple Choice

Which one of the following is an example of discretionary fiscal policy used to correct an inflationary gap?

• A) a tax increase passed into law by Congress
• B) decrease in the money supply by the Federal Reserve
• C) an increase in government expenditures approved by Congress
• D) an agreement among major banks to lower interest rates

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Definitions:

Independent Right

A right or privilege that exists on its own and does not depend on another condition or obligation being met.

Trade Secrets

Confidential business information that provides an enterprise with a competitive edge, and is subject to efforts to maintain its secrecy.

Provincial Trade Secrets Act

Legislation at the provincial level that provides protection for trade secrets and against unfair competition.

Confidential

Information or documents that are private and not to be shared with unauthorized individuals.