When the government passes a new law that explicitly changes overall tax or spending levels, it is enacting: a discretionary fis

Question

Ann [662]

3 years ago

7

When the government passes a new law that explicitly changes overall tax or spending levels, it is enacting: a discretionary fis

cal policy. b progressive fiscal policy. c regressive fiscal policy. d fiscal policy?

Business

2 answers:

miskamm [114] · Answer 1 · 2022-04-26T16:25:10+03:00

miskamm [114]3 years ago

5 0

Discretionary fiscal policy is implemented when the government passes a new law wherein it explicitly changes the overall tax and the spending levels. This can be applied when a certain economy is in recession where the government can lower taxes and increase the spending.

Triss [41] · Answer 2 · 2022-04-26T15:22:00+03:00

<span>Discretionary fiscal policy is implemented when the government passes a new law wherein it explicitly changes the overall tax and the spending levels. This can be applied when a certain economy is in recession where the government can lower taxes and increase the spending.</span>