Which One of the Following Is an Example of Discretionary

question 203

Multiple Choice

Which one of the following is an example of discretionary fiscal policy used to correct a recessionary gap?

• A) a tax decrease passed into law by Congress
• B) an increase in the money supply by the Federal Reserve
• C) a decrease in government expenditures approved by Congress
• D) an agreement among major banks to raise interest rates

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Definitions:

Lethal Disease

A fatal disease capable of causing death, often without the availability of a cure or significantly effective treatment.

Colostrum

The first form of milk produced by mammals immediately following delivery of the newborn, rich in antibodies and nutrition.

Kwashiorkor

A form of severe malnutrition or protein-energy malnutrition characterized by edema, irritability, anorexia, ulcerating dermatoses, and an enlarged liver.

Marasmus

A severe form of malnutrition caused by inadequate intake of protein and calories, characterized by wasting and stunted growth.