An increase in tax rates as a result of a new tax law passed by Congress is an example of

Name: An increase in tax rates as a result of a new tax law passed by Congress is an example of
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Discretionary fiscal policy involves changes in government spending and taxation by choice or action of the government, such as the passing of a new tax law to increase tax rates. This is a deliberate policy decision aimed at influencing the economy.

An Increase in Tax Rates as a Result of a New