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Describe the Difference Between Discretionary and Automatic Fiscal Policy

question 51

Essay

Describe the difference between discretionary and automatic fiscal policy.


Definitions:

Role Ambiguity

A situation where an employee lacks clear understanding of their job duties, responsibilities, or expectations, leading to confusion and stress.

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.

Task Difficulty

The level of effort and skill required to successfully complete a task or assignment.

Become Cautious

To adopt a more careful and considerate approach towards decision-making or actions, often due to perceived risks or uncertainties.

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