Difference between revisions of "Discretionary fiscal policy"

From CNM Wiki
Jump to: navigation, search
(Created page with "Discretionary fiscal policy is when the government passes a new law that explicitly changes overall tax or spending levels. ==Definition== According to Principles of Ec...")
 
(No difference)

Latest revision as of 01:05, 2 June 2020

Discretionary fiscal policy is when the government passes a new law that explicitly changes overall tax or spending levels.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Discretionary fiscal policy. When the government passes a new law that explicitly changes overall tax or spending levels.