Nondiscretionary Fiscal Policy Relies in Part on

question 231

Multiple Choice

Nondiscretionary fiscal policy relies in part on

• A)spending for national defense.
• B)automatic changes in personal and corporate income tax receipts to stabilize economic activity.
• C)checks and balances established by the United States Constitution.
• D)"do nothing" economic policies,based on the belief that a market economy is stable and self-adjusting.

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Definitions:

Antidepressant Drug

Drugs specifically formulated to relieve symptoms of depression, often by correcting imbalances of neurotransmitters in the brain; synonymous to antidepressant medication but rephrased for clarity.

Serotonin

A neurotransmitter that has a critical role in stabilizing mood, feelings of well-being, and happiness. It also influences sleep, digestion, and other bodily functions.

Norepinephrine

A neurotransmitter whose abnormal activity is linked to panic disorder and depression.

Unipolar Depression

A major depressive disorder characterized by a persistent feeling of sadness or lack of interest in external stimuli.