In Addition to Making the Automatic Stabilizers More Effective,discretionary Fiscal

question 377

Short Answer

In addition to making the automatic stabilizers more effective,discretionary fiscal policy could fight a recession by (1)__________; (2)___________;and (3)______.

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Definitions:

Sustainable Strategic Competitiveness

Refers to a company's capability to formulate and implement a value-creating strategy based on business sustainability principles.

Reactor Strategy

A reactor strategy is a type of business approach where an organization reacts to external forces and changes without a consistent strategic plan, often in response to immediate challenges rather than long-term goals.

Competitive Pressures

The influence exerted by competing organizations in a market, compelling businesses to continually improve and innovate.

Survive

To continue to live or exist, especially in spite of danger or hardship.