Which of the Following Was an Argument in Favor of Using

question 48

Multiple Choice

Which of the following was an argument in favor of using discretionary fiscal policy in fighting the Great Recession?

• A)Monetary policy could not be effective, since interest rates were near zero.
• B)If taxes were increased, the budget could be balanced.
• C)If government spending decreased, the budget surplus would increase.
• D)The lags associated with monetary policy would be destabilizing.

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Definitions:

Delusions

Strongly held false beliefs or judgments, which are resistant to reason or confrontation with actual fact, often occurring as a symptom of psychiatric disorders.

Hallucinations

Perceptions in a conscious and awake state in the absence of external stimuli which have qualities of real perception.

Compulsions

Actions or thoughts repeatedly carried out by a person compelled by an obsession or by strict rules.

GAF

Global Assessment of Functioning; a numeric scale (0 to 100) used by mental health clinicians and physicians to subjectively rate the social, occupational, and psychological functioning of adults.