Question
40. Which of the following statements is true? a In the US, fiscal policy is fully conducted by the President of the US. b Discretionary
40. Which of the following statements is true?
| a | In the US, fiscal policy is fully conducted by the President of the US. |
| b | Discretionary fiscal policy refers to the deliberate manipulation of government spending and taxes to affect real GDP, employment and inflation, and to stimulate economic growth. |
| c | Expansionary fiscal policy is used to combat a recession. |
| d | All of the above. |
| e | Only b) and c) |
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
