Discretionary fiscal policy allows the government to respond more quickly to changes in the economy than automatic stabilizers would.

Name: Discretionary fiscal policy allows the government to respond more quickly to changes in the economy than automatic stabilizers would.
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Question

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Discretionary fiscal policy requires legislative action and can be slow to implement, whereas automatic stabilizers work immediately without the need for new legislation.

Discretionary Fiscal Policy Allows the Government to Respond More Quickly