discretionary fiscal policy meaning

Typically, the idea behind this type of policy is to deliberately impact that trend, gradually moving the economy in a direction that is esteemed by government leadership as more beneficial to the jurisdiction. Discretionary fiscal policy is the term used to describe actions made by the government. Discretionary fiscal policy _____ is the deliberate manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals. For example, cutting VAT in 2009 to provide boost to spending. Expansionary fiscal policy is cutting taxes and/or increasing government spending. Meaning of discretionary fiscal policy. Lower taxes (e.g. Definition of discretionary fiscal policy Discretionary fiscal policy refers to: A) any change in government spending or taxes that destabilizes the economy. Fiscal PolicyFiscal Policy Page 1 of 4 Fiscal Policy Definitions Fiscal policy is the use of taxes, government transfers, or government purchases of goods and services to shift the aggregate demand curve. A discretionary fiscal policy is a monetary policy that is created and initiated by a government entity as a means of dealing with events and trends that are taking place in the economy. Fiscal policy is the use of government spending and tax policy to influence the path of the economy over time. A) Choose one (1) concept from the Chapter Section Titled “Key Concepts,” and: Key Concept: discretionary spending mandatory spending discretionary fiscal policy expansionary fiscal policy contractionary fiscal policy supply-side fiscal policies Laffer curve automatic stabilizers information lag recognition lag decision lag implementation lag public choice theory deficit surplus … Most people chose this as the best definition of discretionary-fiscal-policy: A fiscal policy achieved... See the dictionary meaning, pronunciation, and sentence examples. A federal budget deficit occurs when _____ Login Discretionary Fiscal Policy: . Discretionary fiscal policy represents changes in government spending and taxation that need specific approval from Congress and the President. B) the authority that the President has to change personal income tax rates. The central government exercises discre­tionary fiscal policy when it identifies an unemployment or inflation problem, esta­blishes a policy objective concerning that problem, and then deliberately adjusts taxes and/or spending accordingly. Information and translations of discretionary fiscal policy in the most comprehensive dictionary definitions resource on the web. These changes occur on a year by year basis and are used to reflect the current economic status. C) changes in taxes and government expenditures made by Congress to stabilize the economy D) the changes in taxes and transfers that occur as GDP changes. Discretionary Fiscal Policy: government takes deliberate actions through legislation to alter spending or taxation policies Discretionary fiscal policy means the government make changes to tax rates and or levels of government spending. Examples include increases in spending on roads, bridges, stadiums, and other public works. Fiscal Policy. The following article will update you about the difference between discretionary and automatic fiscal policy. Definition of Discretionary Fiscal Policy: A discretionary fiscal policy is a government policy that changes government spending or taxes. Actions through legislation to alter spending or taxation tax policy to influence the path of the economy are to... The use of government spending policy _____ is the deliberate manipulation of government purchases, transfer payments, other. 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