Discretionary fiscal policy is the direct result of deliberate actions by policy makers rather than an automatic adjustment.

Question

Quizplus · Accepted Answer

Discretionary fiscal policy is designed and implemented by policy makers in response to changes in economic conditions, rather than being automatically triggered by predefined rules or formulas. This type of policy involves deliberate government actions to adjust spending, taxation, or transfer payments with the goal of stabilizing the economy.

Discretionary Fiscal Policy Is the Direct Result of Deliberate Actions