Discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
<h3>What is discretionary fiscal policy?</h3>
This refers to the decision of the federal government to increase or decrease taxes. Here, the changes in taxes are subject to the president and congress approval.
Hence, discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
Learn more about discretionary fiscal policy here: brainly.com/question/6483847
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Answer:
E. is accurately described by all of the above
Explanation:
- The main difference is that the entrepreneurs took at the big picture and are more ideal, innovative and risk-takers and focuses more on the startups and growth and spread of business and attempts to make profits
When electrical or magnetic interference is present
The free market<span> is
defined as the system in which the price of goods is agreed upon by
consent between sellers and consumers, through the laws of supply and demand.
Their requirements are the existence of free competition, (which in turn requires that among the participants
of a commercial transaction there is no coercion, no fraud, or more generally,
that all transactions are voluntary), c</span>omplete universal information about the products and their prices,
a free medium of exchange with a common currency, reasonable transaction costs,
set of sellers and a set of buyers.