Author Question: Discretionary fiscal policy is a policy that _____. a. is developed in secret b. applies to some ... (Read 60 times)

beccaep · **on:** Jun 30, 2018

Discretionary fiscal policy is a policy that _____.
a. is developed in secret
b. applies to some states and not all states
c. applies to only to some specific industries in an economy
d. works automatically without public announcement or plan
e. is an intentional change in taxation or government spending

Question 2

Constant returns to scale exist over the range of output for which the long-run average cost is:
a. neither rising or falling.
b. falling.
c. rising.
d. none of these.