Which of the Following Is Not a Valid Criticism of Discretionary

question 19

Multiple Choice

Which of the following is not a valid criticism of discretionary fiscal policy?

• A)The implementation of fiscal policy is sometimes difficult.
• B)Time lags in fiscal policy are long.
• C)Fiscal policy works only during periods of stagflation.
• D)Fiscal policy often affects only current income,but many economic decisions are made on the basis of permanent income.
• E)Fiscal policy might have undesirable long-term effects on aggregate supply.

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Definitions:

Lateral Collateral Ligament

A ligament located on the lateral (outer) side of the knee, providing stability to the outer knee joint.

Supraspinous Fossa

The depression above the spine of the scapula on the dorsal surface, which houses the supraspinatus muscle.

Acromion

An anatomical landmark located on the upper part of the shoulder blade, which extends laterally over the shoulder joint.

Coracoid Process

A small hook-like structure on the shoulder blade that serves as an attachment point for muscles and ligaments.