Examlex

Solved

What Is the Difference Between 'Discretionary Fiscal Policy' and 'Automatic

question 103

Essay

What is the difference between 'discretionary fiscal policy' and 'automatic stabilisers'?
_____________________________________________________________________________________________
_____________________________________________________________________________________________


Definitions:

Conservative Decision

A choice-making process that tends to be cautious, aiming to minimize risk and prioritize safety over gains.

Deindividuation

A psychological state where an individual loses their sense of individual identity and engages in unsocialized or antisocial behaviors, often due to being in a large group.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, which can influence various psychological states and behaviors.

Ingroup Bias

The tendency to favor one's own group, including its members or interests, over those of outsiders or competing groups.

Related Questions