Built-in stability is synonymous with discretionary ﬁscal policy.

Name: Built-in stability is synonymous with discretionary ﬁscal policy.
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Built-in stability refers to automatic stabilizers in the economy such as unemployment benefits and progressive taxation. Discretionary fiscal policy, on the other hand, refers to deliberate changes in government spending and taxation to stabilize the economy. They are not synonymous.

Built-In Stability Is Synonymous with Discretionary ﬁScal Policy