- CFA Exams
- CFA Exam: Level I 2021
- Study Session 5. Economics (2)
- Reading 16. Monetary and Fiscal Policy
- Subject 8. Active and Discretionary Fiscal Policy
CFA Practice Question
In the U.S., policy action that is initiated by an act of Congress is ______.
B. entitlement spending
C. discretionary fiscal policy
A. automatic fiscal policy
B. entitlement spending
C. discretionary fiscal policy
Correct Answer: C
User Contributed Comments 0
You need to log in first to add your comment.