Discretionary Fiscal Policy

question 238

Multiple Choice

Discretionary fiscal policy:

• A) is not subject to lags and therefore is effective at controlling business cycles.
• B) refers to changes in the money supply used to smooth out the economy's ups and downs.
• C) is favoured by monetarists.
• D) is favoured by Keynesians.

---

Definitions:

Adolescent's Pattern

Refers to typical behaviors, habits, or trends observed during the teenage years.

Close Friends

Individuals with whom one shares a deep, personal bond, characterized by mutual affection, trust, and support.

Drug Use

The consumption of substances, which can be legal or illegal, that alter the body's functioning, mood, consciousness, or perception.

Actively Religious

Engaging in religious practices and beliefs with regularity and fervor, often implying participation in community worship, rituals, and other religious activities.