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Topic: Business
Number of pages / Number of words: 2 / 337
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BUS305

Unit 5 Assignment 1

Abstract:

This paper will explain what discretionary fiscal policy is, and why time lags in implementing these policies can have an adverse affect on the Congress and President’s attempt to maintain a healthy economy.

Discretionary policy is a term used to describe macroeconomic policy based on the judgments of policymakers as opposed to reliance on rules such as the Taylor rule, a modern monetary policy rule proposed by economist John B...


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BUS305

Unit 5 Assignment 1

Abstract:

This paper will explain what discretionary fiscal policy is, and why time lags in implementing these policies can have an adverse affect on the Congress and President’s attempt to maintain a healthy economy.

Discretionary policy is a term used to describe macroeconomic policy based on the judgments of policymakers as opposed to reliance on rules such as the Taylor rule, a modern monetary policy rule proposed by economist John B...


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