Discretionary Fiscal Policy,
Definition of Discretionary Fiscal Policy:
Unnecessary changes in taxes, expenditures or other tax activities by governments in response to economic events or changes in economic conditions. Arbitrary fiscal policies include government measures that go far beyond current fiscal policies and often occur during times of economic downturn or turmoil.
How to use Discretionary Fiscal Policy in a sentence?
- You need to know how discretionary fiscal policy can affect you and you need to be able to adjust it quickly.
- Arbitrary tax policies during a recession often overwhelm middle-class voters who want a tax break, rather than complicated tax laws.
- I will need an accountant this year to pass some discretionary congressional approvals for new arbitrary fiscal policies.
Meaning of Discretionary Fiscal Policy & Discretionary Fiscal Policy Definition
