Which of the Following Is Not a Valid Criticism of Discretionary

question 47

Multiple Choice

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

• A)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:

Polychronic Cultures

Societies that prefer to engage in multiple tasks and activities simultaneously, valuing flexibility and the involvement of many people.

Cultural Intelligence

The ability to understand, respect, and work effectively with individuals from diverse cultural backgrounds.

Proxemics

Delving into the utilization of space by humans and the impact that the level of population density exerts on their behavioral patterns, communicative exchanges, and social interactions.

Physical Space

The tangible, three-dimensional environment in which objects and events occur and interact.