In Practice, Discretionary Fiscal Policy Has

question 2

Multiple Choice

In practice, discretionary fiscal policy has

• A)been unsuccessful in offsetting recessions or booms.
• B)been successful in offsetting booms but not recessions.
• C)been successful in offsetting recessions and booms.
• D)been successful in offsetting recessions but not booms.
• E)always had a very adverse effect on the economy.

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Definitions:

Inheritance

A fundamental concept in object-oriented programming where a class can inherit properties and methods from another class.

Programmer-Defined Data Types

Custom data types created by programmers to encapsulate complex structures not provided directly by the language.

Class Construction

The process of defining a class in object-oriented programming, including its properties, behaviors, and interactions with other classes.

Derived Class

A class that inherits properties and behaviors from another class, known as the base class.