Nondiscretionary fiscal policy refers to1 any change in, Ask an Expert

Economics

Nondiscretionary fiscal policy refers to:

1) any change in government spending or taxes that stabilizes the economy.

2) the authority that the President has to change personal income tax rates.

3) changes in taxes and government expenditures made by the Federal government to stabilize the economy.

4) the changes in taxes and transfers that occur as GDP changes.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92203237

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