An Example of Discretionary Fiscal Policy Would Be

question 59

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 increase adopted to control inflationary pressures.
• D)an interest rate increase implemented to control inflationary pressures.

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Definitions:

Phallic

Pertaining to the phallus or penis, often used in psychoanalytic theory to describe the stage of psychosexual development focused on the genital organs.

Latency

The period of delay before a response or the onset of a disease after exposure to a stimulus or pathogen.

Genital

Relating to the reproductive organs; also used to describe the phase of psychosexual development in psychoanalytic theory that focuses on the genitals.

Phallic Stage

A phase in Freudian psychosexual development, occurring roughly between the ages of 3 and 6 years, where the libido (sexual energy) is focused on the genitals.