To the Extent That a Direct Expenditure Offset Results from an Expansionary

question 43

Multiple Choice

To the extent that a direct expenditure offset results from an expansionary fiscal policy,

• A)the stimulative effect will be less than anticipated.
• B)the stimulative effect will be more than anticipated.
• C)the fiscal policy will not be discretionary.
• D)the time lags associated with the implementation of fiscal policy will shorten.

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Definitions:

Federal Executive Agency

An administrative agency of the federal government of the United States, acting under the direct authority of the President or the U.S. cabinet.

National Science Foundation

A federal agency in the United States that supports fundamental research and education in all the non-medical fields of science and engineering.

Equal Employment Opportunity Commission

A U.S. federal agency responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

Policy Statements

Official documents that outline an entity's principles, protocols, and guidelines regarding its operations and decisions.