If Government Tax Revenues Change Automatically and in a Countercyclical

question 160

Multiple Choice

If government tax revenues change automatically and in a countercyclical direction over the course of the business cycle, this would be called a(n) :

• A)discretionary fiscal policy.
• B)expansionary fiscal policy.
• C)political business cycle.
• D)nondiscretionary fiscal policy.

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Definitions:

Physiological Measures

Quantitative assessments of bodily functions used in psychological and medical research, such as heart rate or blood pressure.

Conscious Awareness

The state of being mentally alert and consciously aware of one's thoughts, feelings, and surroundings.

Hypnosis

A trance-like state of heightened suggestibility, deep relaxation, and intense focus.

Introspection

Introspection refers to the examination or observation of one's own mental and emotional processes.