Discretionary fiscal policy refers to
A)any change in government spending or taxes that destabilizes the economy.
B)the authority that the president has to change personal income tax rates.
C)intentional changes in taxes and government expenditures made by Congress to stabilize the economy.
D)the changes in taxes and transfers that occur as GDP changes.

Question

Quizplus · Accepted Answer

Discretionary fiscal policy involves deliberate actions by Congress to adjust taxes and government spending to influence economic conditions, aiming to stabilize the economy.

Discretionary Fiscal Policy Refers to