Which of the following explains why discretionary fiscal policy is declining?

a. Our government has recently taken a more laissez faire approach.

c. Automatic stabilizers do not work.

b. The multiplier effect is too unstable.

d. Implementation lag.

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23 April, 10:11

Which of the following explains why discretionary fiscal policy is declining?

a. Our government has recently taken a more laissez faire approach.

c. Automatic stabilizers do not work.

b. The multiplier effect is too unstable.

d. Implementation lag.

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Answers (1)

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Alfonso Gross · Answer 1

The correct answer for the question that is being presented above is this one: "a. Our government has recently taken a more laissez faire approach." D iscretionary fiscal policy is when the government initiates tax & spending policies designed to change aggregate demand in the economy.

Which of the following explains why discretionary fiscal policy is declining?a. Our government has recently taken a more laissez faire approach.c. Automatic stabilizers do not work.b. The multiplier effect is too unstable.d. Implementation lag.

Which of the following explains why discretionary fiscal policy is declining?

a. Our government has recently taken a more laissez faire approach.

c. Automatic stabilizers do not work.

b. The multiplier effect is too unstable.

d. Implementation lag.