Explain the Difference Between Discretionary and Automatic Fiscal Policy

question 34

Essay

Explain the difference between discretionary and automatic fiscal policy.Provide examples of each.

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Definitions:

Attitude-change Manipulation

An experimental technique used to influence or alter participants' attitudes towards a specific object, concept, or person.

Quasi-experimental

A research design that seeks to establish cause-and-effect relationships but lacks random assignment of participants to control and experimental groups.

Attitudes

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor, reflecting how one feels about something.

Pretest

An initial test administered before the start of an experiment or intervention to determine baseline levels of participants' knowledge, abilities, or attitudes.