Which Statement Is CORRECT

question 316

Multiple Choice

Which statement is CORRECT?

• A)Automatic stabilizers indicate deliberate action by policy makers.
• B)Discretionary fiscal policy shows automatic adjustments without any specific effort by policy makers.
• C)Discretionary fiscal policy indicates deliberate action by policy makers.
• D)Automatic stabilizers are risky to use and sometimes can get the economy destabilized.

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Definitions:

Believability Effects

The impact of an individual's perceived credibility or believability on the acceptance and persuasion of their message.

Syllogistic Conclusion

The process of deriving a conclusion from two or more premises that are asserted or assumed to be true in logic.

Normative Model

An approach or theory that prescribes how individuals should behave or make decisions, based on established norms or standards.

Expected Utility

A concept in economics and game theory that quantifies the utility expected from an uncertain prospect or decision.