The Direction of Discretionary Fiscal Policy Cannot Be Examined by a Simple

question 58

Multiple Choice

The direction of discretionary fiscal policy cannot be examined by a simple look at the changes in the actual budget deficits or surpluses.This is because:

• A)those changes may reflect the changes in the general price level.
• B)those changes may reflect automatic changes in the tax revenues as a result of change in GDP.
• C)those changes may reflect the changes in the tax revenues as a result of change in imports.
• D)it is impossible to calculate the changes in the actual budget deficits or surpluses.

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Definitions:

Postmodernism

represents a movement or set of attitudes challenging modernist certainties, advocating for a skeptical, subjective approach to culture, literature, art, and philosophy.

Postmodernism

An intellectual stance or mode of discourse characterized by skepticism towards narratives of progress, universal truths, and grand theories, preferring instead to highlight the contingent and fragmented nature of experience.

Gender

The range of characteristics, roles, and identities that societies associate with being male or female, often influenced by cultural, social, and personal factors.

Waves of Feminism

Describes the different periods of feminist activism and thought that have occurred since the late 19th century, with each "wave" focusing on different goals and challenges related to women's rights and gender equality.