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nexus9112 [7]
2 years ago
11

Categorize the scenarios as either a discretionary act or the result of automatic stabilizers.

Business
1 answer:
Lina20 [59]2 years ago
8 0

Answer:

a. automatic stabilizers.

b. automatic stabilizers.

Discretionary spending

Discretionary spending

Explanation:

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments

In an expansion, progressive tax increases the tax paid and this reduces disposable income

In a contraction, tax paid is reduced and this increases disposable income

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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Answer:$600

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The $200 will reduce the debt to $400 , the $400 which will be recorded through a journal by debiting bookcase and crediting Wood.

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One important change that resulted from the movement to enterprise systems was the creation of​ stronger, faster, and more effec
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54) Marika is a senior journalist at a news agency. She goes on a temporary leave for six months and travels around different pa
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The answer is: Sabbatical

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