Poorly Timed Discretionary Policy Can Do More Harm Than Good

question 53

Multiple Choice

Poorly timed discretionary policy can do more harm than good.Getting the timing right with fiscal policy is generally

• A)less difficult than with monetary policy.
• B)far less difficult than with monetary policy.
• C)more difficult than with monetary policy.
• D)about the same difficulty as with monetary policy.

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Definitions:

Bottom-up

An approach or process that starts at the lowest or most basic level and progresses upwards, often encouraging participation and input from all levels of a hierarchy.

Psychological Size

A concept related to the perceived power or influence one individual has over another, often influencing social dynamics and interactions.

Genuine Interest

A sincere and deep level of engagement or curiosity in a particular subject, activity, or person, often leading to intrinsic motivation and enjoyment in related tasks.

Psychological Size

A term which is not commonly used in standard references and might be speculative or context-specific. NO.