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Basic Question 7 of 11

In the U.S., policy action that is initiated by an act of Congress is ______.

A. automatic fiscal policy
B. entitlement spending
C. discretionary fiscal policy

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Lina

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Learning Outcome Statements

explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary

CFA® 2024 Level I Curriculum, Volume 1, Module 3.