An Example of Discretionary Fiscal Policy Would Be

question 10

Multiple Choice

An example of discretionary fiscal policy would be

• A)the operation of the welfare state.
• B)the operation of the progressive federal income tax.
• C)a tax cut adopted to stimulate consumption.
• D)an interest rate cut implemented to stimulate consumption.

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Definitions:

Procedural

Relating to the process by which something is done, encompassing the steps or methods involved.

Procedural Knowledge

The type of knowledge that involves knowing how to do something, often demonstrated through actions rather than words.

Assessed

Evaluated or estimated the nature, ability, or quality of something or someone.

Changed

To make or become different; to alter the form, nature, or appearance of something.