Ask Question
26 June, 12:29

When the government passes a new law that explicitly changes overall tax or spending levels, it is enacting: a discretionary fiscal policy. b progressive fiscal policy. c regressive fiscal policy. d fiscal policy?

+1
Answers (1)
  1. 26 June, 14:59
    0
    Discretionary fiscal policy is implemented when the government passes a new law wherein it explicitly changes the overall tax and the spending levels. This can be applied when a certain economy is in recession where the government can lower taxes and increase the spending.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When the government passes a new law that explicitly changes overall tax or spending levels, it is enacting: a discretionary fiscal policy. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers