Discretionary Fiscal Policy Differs from Nondiscretionary Fiscal Policy in That

question 47

Multiple Choice

Discretionary Fiscal Policy differs from Nondiscretionary Fiscal Policy in that

• A)the former deals with interest rates and the latter deals with tax policy.
• B)the former is built into the system whereas the latter requires timely decisions.
• C)the former requires timely decisions whereas the latter is built into the system.
• D)the former deals with tax policy and the latter deals with interest rates.

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Definitions:

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An individual feature, fact, or item that is part of a larger entity.

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A progressive neurological disorder characterized by cognitive decline, memory loss, and changes in behavior, ultimately leading to severe dementia.