Active policy making refers to nondiscretionary policy making. relying on policies that act as automatic stabilizers. actions taken by policy makers in response to or in anticipation of some change in the overall economy. policy making that is carried out in response to a rule.

Active policy making refers to nondiscretionary policy making. relying on policies that act as automatic stabilizers. actions taken by policy makers in response to or in anticipation of some change in the overall economy. policy making that is carried out in response to a rule.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 10SQ

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Question

Active policy making refers to
nondiscretionary policy making.
relying on policies that act as automatic stabilizers.
actions taken by policy makers in response to or in anticipation of some change in the overall
economy.
policy making that is carried out in response to a rule.

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43. Automatic stabilizers: Group of answer choices work without the need for decisions from Congress or the White House increase taxes during recessions magnify fluctuations in the economy. require explicit actions by policymakers to become active