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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 Presidentâs 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 Presidentâs 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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