What is the discretionary fiscal policy? Economists debate whether discretionary fiscal policy is an effective way...

What is the discretionary fiscal policy? Economists debate whether discretionary fiscal policy is an effective way to control and stimulate the economy. Present 2 arguments in favor of the view that fiscal policy is effective and 2 arguments that fiscal policy is ineffective or destructive to the economy. Be specific.

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Rahul Sunny answered 2 years ago

QUESTION 13 Economists and policy makers questioned the effectiveness of discretionary fiscal policy during the 1970s...

QUESTION 13 Economists and policy makers questioned the effectiveness of discretionary fiscal policy during the 1970s for all the following reasons except a the difficulty of estimating the natural rate of unemployment b the time lags involved in implementing fiscal policy c the existence of possible feedback effects of fiscal policy on aggregate supply d the distinction between current and permanent income e the problems of inflation and unemployment were basically solved QUESTION 14 Fiscal policy a uses the federal...

What is discretionary fiscal policy? ______________________________ is a fiscal policy action that involves lowering taxes or...

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Answer the following questions: A- What is discretionary and non-discretionary fiscal policy? B- What are the...

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The debate is still going on in the country whether Fiscal policy is relevant. In at...

The debate is still going on in the country whether Fiscal policy is relevant. In at least 3 paragraphs make a case for the use of fiscal policy showing the rational for using it.

What is the difference between automatic stabilizers and discretionary fiscal policy?

What are some limitations of discretionary fiscal policy in combating a recession? What about automatic fiscal...

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Differentiate between discretionary fiscal policy and nondiscretionary or built-in stabilization policy.

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Differentiate between fiscal and monetary policy. Demonstrate the mechanics of discretionary fiscal policy within the Keynesian...

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#1 Please identify what they are (i.e., discretionary fiscal policy, monetary policy, or automatic stabilizer) and...

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