答案如下
Changes in the budget deficit due to government actions are called: A) discretionary fiscal policy. B) mandatory fiscal policy. C) Keynesian policy. D) monetary policy.
Your answer: A was correct! Government actions, which cause changes in the budget deficit, are called discretionary fiscal policy. Fiscal policy refers to the government抯 ability to change government spending or raise and lower taxes. Note that monetary policy is conducted by the Federal Reserve to control the money supply. |