Examlex
Which of the following two concepts represent individual mechanisms that have a direct impact on job performance?
Automatic Stabilizers
Economic measures and initiatives, like taxation and unemployment insurance, that naturally adapt to mitigate the effects of economic changes without direct action from the government.
Discretionary Fiscal Policy
Changes in government spending and taxes to promote full employment, price stability, and economic growth.
Fiscal Policy
Governmental use of spending and taxation to influence the economy.
Government Spending
Expenditures by the government for its operations, programs, and debt payments, which can influence the economy's overall performance.
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