With Discretionary Policy Making, Fiscal and Monetary Policies Are Usually

question 198

Multiple Choice

With discretionary policy making, fiscal and monetary policies are usually

• A) undertaken in response to or anticipation of some change in the overall economy.
• B) set according to pre-established standards that do not take into account any changes in the economy.
• C) immune to any political overtones.
• D) immune to any lag times that might counter their effectiveness.

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