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Non-discretionary policies are ones that automatically happen. A progressive income tax and the welfare system both act to increase aggregate demand in recessions and to decrease aggregate demand in overheated expansions.
Discretionary policies are those that the government chooses to do in response to conditions -- e.g. enact a tax rate cut.
What else can I help you with?
What is discretionary fiscal policy and built in stabilizer?
built in stabilisers also known as automatic stabilisers/non-discretionary fiscal policy that automatically adjust for cyclical upswing and downswing imbalances in the economy. they are a form of fiscal policy which auto-adjust the economic imbalances without any form of intentional/discretional intervention of policy formulators. this id contrary to the discretionary fiscal policy, which involves active involvment of policy makers through the intentional use of tax and expenditure to regulate the economy.
When do Discretionary fiscal policy will stabilize the economy most?
deflicts are incurred during recession and surpluses during inflaions.
Who decides which programs will receive discretionary funding?
No one person decides which federal programs will receive discretionary funding during a given fiscal year. Instead, this is decided by a committee of nonpartisan experts from multiple fields.
Discretionary fiscal policy is defined as?
Discretionary fiscal policy refers to the deliberate use of government spending and taxation changes to influence economic activity. This policy is enacted through legislative action and is often employed to address economic fluctuations, such as stimulating growth during a recession or cooling down an overheated economy. Unlike automatic stabilizers, which operate without direct intervention, discretionary measures require active decision-making by policymakers.
All what are reasons why it is difficult to put balanced fiscal policy into practice exept?
This cannot be answered correctly. You will have to give me some choices to choose from.
What is the difference between automatic and discretionary fiscal policy?
Discretionary fiscal policy requires deliberate government action. Automatic fiscal policy occurs automatically without (additional) congressional action.
What is the difference between discretionary and non discretionary spending?
Discretionary fiscal policies are those that are enacted in response to a need, for example, a tax cut. Non-discretionary fiscal policies are those that happen regardless of conditions or need, for example, the welfare system.
What is discretionary fiscal policy and built in stabilizer?
built in stabilisers also known as automatic stabilisers/non-discretionary fiscal policy that automatically adjust for cyclical upswing and downswing imbalances in the economy. they are a form of fiscal policy which auto-adjust the economic imbalances without any form of intentional/discretional intervention of policy formulators. this id contrary to the discretionary fiscal policy, which involves active involvment of policy makers through the intentional use of tax and expenditure to regulate the economy.
All of the following are reasons why it is difficult to implement balanced fiscal policy except _____.?
the need for discretionary spending
When do Discretionary fiscal policy will stabilize the economy most?
deflicts are incurred during recession and surpluses during inflaions.
Who decides which programs will receive discretionary funding?
No one person decides which federal programs will receive discretionary funding during a given fiscal year. Instead, this is decided by a committee of nonpartisan experts from multiple fields.
Discretionary fiscal policy is defined as?
Discretionary fiscal policy refers to the deliberate use of government spending and taxation changes to influence economic activity. This policy is enacted through legislative action and is often employed to address economic fluctuations, such as stimulating growth during a recession or cooling down an overheated economy. Unlike automatic stabilizers, which operate without direct intervention, discretionary measures require active decision-making by policymakers.
What is the difference between fiscal and non fiscal metering?
The difference between fiscal & non-fiscal metering is when the measurement value is relevance to money.
The group of three economists appointed by the President to provide fiscal policy recommendations is the?
Fiscal policy consists of deliberate changes in government spending and tax collections designed to achieve full employment, control inflation, and encourage economic growth. Discretionary ("active") changes in government spending and taxes are at the option of the Federal government while non-discretionary ("automatic") changes occur without congressional action. Discretionary fiscal policy is often initiated on the advice of the President's Council of Economic Advisers (CEA), a group of three economists appointed by the President to provide expertise and assistance on economic matters.
All what are reasons why it is difficult to put balanced fiscal policy into practice exept?
This cannot be answered correctly. You will have to give me some choices to choose from.
What are the four major public assistance programs of the federal government?
Public EducationHousing/Urban RenewalTransportationFood
What is an example of discretionary stabilization?
An example of discretionary stabilization is when the government implements fiscal policy measures, such as changing tax rates or increasing government spending, to counteract economic fluctuations and stabilize the economy. This can help to stimulate demand during economic downturns or curb inflation during periods of overheating.
