discretionary 1. What is the difference between discretionary and nondiscretionary nondiscretionary fiscal policy? expansionary 2. What is the cause-effect.
GLOBAL RECESSION AND IMPACT ON INDIA. Group 5 Shailendra singh N61 Shailendra singh N62 Subhash KumarN63 Shweta Malik N66 Virender SinghN69 Virender KumarN68.
Fiscal Policy Objectives
ECONOMIC POLICYMAKING. U.S. economy: Most important issue facing politicians #1 indicator of political success is economy’s success Capitalism Free.
ECONOMIC POLICYMAKING
The Laffer Curve The Laffer Curve & Supply-side economics.
Supply-Side Economics “Supply creates its own demand” - Say’s Law.
Chapters 15 & 16. T WO TOOLS: F iscal & Monetary Policy W hat’s the difference? F iscal Policy = Taxing & Spending M onetary Policy = manipulating the.
GLOBAL RECESSION AND IMPACT ON INDIA