When Changes in Taxes and Government Spending Occur in the Economy

question 89

Multiple Choice

When changes in taxes and government spending occur in the economy without explicit action by Congress, such policy is called ______ fiscal policy:

• A) Cyclical
• B) Implicit
• C) Discretionary
• D) Nondiscretionary

---

Definitions:

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

Younger Workers

Refers to employees who are relatively young in age, often considered to have different workplace attitudes and behaviors compared to older colleagues.

Older Workers

Individuals in the workforce who are generally considered to be near or beyond the typical age of retirement, facing unique employment challenges and opportunities.

Trust Perceptions

The beliefs or attitudes individuals hold regarding the reliability, integrity, and competence of others or an institution.