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 44 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
Great answer, keep it coming :)

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
Examples of open and closed ended questons Examples of open and closed ended questons
Examples of Declarative and Nondeclarative Memory Tasks Examples of Declarative and Nondeclarative Memory Tasks
PEPCK isozymes provide alternative routes to PEP and cytoplasmic reducing equivalents PEPCK isozymes provide alternative routes to PEP and cytoplasmic reducing equivalents
Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner
Resting Membrane Potential: Voltage Difference Resting Membrane Potential: Voltage Difference
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library