This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the difference between discretionary and automatic fiscal policy. Provide examples of each. ... (Read 67 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Explain the difference between discretionary and automatic fiscal policy. Provide examples of each.
 
  What will be an ideal response?

Question 2

Which of the following statements is true of incentives?
 
  A) Incentives can be financial or moral, but not coercive.
  B) Incentives can be financial or coercive, but not moral.
  C) Incentives are designed to change behavior.
  D) Incentives are always in the form of rewards.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

Discretionary policy is an action that is initiated by an act of Congress such as implementation of a spending program or a change to tax law. Automatic fiscal policy is triggered by the state of economy and happens naturally such as a decrease in tax revenues as a result of a fall in incomes or an increase in unemployment payments due to an increase in the unemployment rate.

Answer to Question 2

C


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Excellent

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Bulging Eyes Of The Tarsier Provide Insight Into Evolution Of Human Vision Bulging Eyes Of The Tarsier Provide Insight Into Evolution Of Human Vision
Examples of Specific Antidotes for Overdosed Substances or Toxins Examples of Specific Antidotes for Overdosed Substances or Toxins
Skilled nursing facilities provide care for patients requiring longer stays than hospitals allow. Skilled nursing facilities provide care for patients requiring longer stays than hospitals allow.
Classes of Microorganisms with Descriptions and Examples Classes of Microorganisms with Descriptions and Examples
Styles of Coping and Examples from the Brief COPE Inventory Styles of Coping and Examples from the Brief COPE Inventory
Structural MRI can be used to provide three-dimensional images of the entire brain. (Courtesy of ... Structural MRI can be used to provide three-dimensional images of the entire brain. (Courtesy of ...
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library