Which Argument Was Made in Favour of Using Discretionary Fiscal

question 247

Multiple Choice

Which argument was made in favour 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:

Blepharitis

An inflammation of the eyelid margins, often causing redness, itching, and dandruff-like scales.

Ptosis

A medical term used to describe drooping of the upper eyelid, which can affect one or both eyes.

Glaucoma

A group of eye conditions that damage the optic nerve, often due to abnormally high pressure in the eye, leading to vision loss if untreated.

Myopia

A condition of the eyes where close objects appear clearly, but distant ones do not, commonly known as nearsightedness.