--%>

Discretionary fiscal policy

Choose the right answer from following. Discretionary fiscal policy refers to: A) any change in government spending or taxes that destabilizes the economy. B) the authority that the President has to change personal income tax rates. C) changes in taxes and government expenditures made by Congress to stabilize the economy. D) the changes in taxes and transfers that occur as GDP changes.

   Related Questions in Microeconomics

  • Q : Quantity demanded vary inversely I have

    I have a problem in economics on Quantity demanded vary inversely. Please help me in the following question. The law of demand defines that price and: (1) Quantity demanded differ directly. (2) Quantity demanded differs inversely. (3) Demand differs d

  • Q : Maximum economic profit operates in new

    When this competitive firm operates at point d in demonstrated graph, in that case this: (w) could increase profits by expanding output to q5. (x) maximizes economic profit [ as area P2P1de], but these profits will eva

  • Q : Example of drop in demand Decreased

    Decreased airline bookings subsequent to some major airline crashes would point out a: (i) Reduction in the amount of airline travel demanded. (ii) Drop in the demand for air travel. (iii) Phobia among air travelers which is irrational. (iv) Horizontal demand curve fo

  • Q : Quantity supply according to Law of

    Can someone please help me in finding out the accurate answer from the following question. The law of supply defines that at: (1) Higher prices greater quantities will be supplied. (2) Lower prices greater quantities will be supplied. (3) Lower prices supply shifts to

  • Q : Calculations of price elasticity of

    At a price of $50, the demand for DVD games is roughly: (w) perfectly elastic. (x) perfectly inelastic. (y) unitarily elastic. (z) relatively inelastic.

    Q : Increasing return to a factor Describe

    Describe the likely behaviour of total product beneath the phase of increasing return to a factor.

  • Q : Labor Union-union membership The basic

    The basic idea that unions are more influential than ever before is: (i) Supported by the consequences of unions on inflationary spirals. (ii) Reflected in the growing numbers of violent and expensive strikes. (iii) Contrary to the fact that union membership is refusi

  • Q : Value of the Marginal Product I have a

    I have a problem in economics on Value of the Marginal Product. Please help me in the following question. Value of the marginal product is stated as: (1) MPP × P. (2) MPP × MR. (3) MPP × MC. (4) MPP × MRC.

    Q : Maximizes profits when price equal to

    A purely competitive firm will turn out where P = MC since this: (w) is good for society. (x) is all which is permitted through law. (y) maximizes profits. (z) permits price adjustment although not quantity adjustment.

    Q : Maturity on a consol bond or perpetuity

    The yield to maturity on a consol bond or perpetuity which pays $200 annually and sells for $1000 is: (w) 5 percent. (x) 10 percent. (y) 20 percent. (z) 25 percent. I need a good answer on the topic of Econ