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:

Anal Stage

In Freudian psychology, a phase of child development characterized by focus on anal functions and the resultant conflicts.

Obedience

The act of following orders or directions from authorities or rules, a fundamental aspect in the study of social psychology.

Self-Control

involves the ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.

Latency Stage

A phase in Freudian psychosexual development occurring from around age 6 to puberty, characterized by a decrease in sexual interests and conflicts.