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    Essential Foundations of Economics Study Set 1
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    Exam 20: Fiscal Policy and Monetary Policy
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    Explain the Difference Between Discretionary and Automatic Fiscal Policy
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Explain the Difference Between Discretionary and Automatic Fiscal Policy

Question 34

Question 34

Essay

Explain the difference between discretionary and automatic fiscal policy.Provide examples of each.

Correct Answer:

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Discretionary policy is an action that i...

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