{"id":508,"date":"2015-05-05T04:10:35","date_gmt":"2015-05-05T04:10:35","guid":{"rendered":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/learning-outcome-discretionary-and-automatic-fiscal-policy\/"},"modified":"2023-07-15T01:35:54","modified_gmt":"2023-07-15T01:35:54","slug":"learning-outcome-discretionary-and-automatic-fiscal-policy","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/learning-outcome-discretionary-and-automatic-fiscal-policy\/","title":{"raw":"Outcome: Discretionary and Automatic Fiscal Policy","rendered":"Outcome: Discretionary and Automatic Fiscal Policy"},"content":{"raw":"<h2>What you'll learn to do:\u00a0differentiate between discretionary and automatic fiscal policy<\/h2>\r\nIn this section, you will look at the fiscal policy decisions that governments make when trying to stabilize the economy.\r\n\r\nThe specific things you\u2019ll learn in this section include:\r\n<ul>\r\n \t<li>Define Automatic Stabilization Tools<\/li>\r\n \t<li>Define discretionary fiscal policy<\/li>\r\n \t<li>Differentiate between structural and cylical budget balance<\/li>\r\n<\/ul>\r\n<h3>LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n<ul>\r\n \t<li>Reading: Fiscal Policy and Stabilizers<\/li>\r\n \t<li>Reading: Counterbalancing Recession and Boom<\/li>\r\n \t<li>Reading: The Standardized Employment Deficit or Surplus<\/li>\r\n \t<li>Self Check: Discretionary and Automatic Fiscal Policy<\/li>\r\n<\/ul>\r\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"<h2>What you&#8217;ll learn to do:\u00a0differentiate between discretionary and automatic fiscal policy<\/h2>\n<p>In this section, you will look at the fiscal policy decisions that governments make when trying to stabilize the economy.<\/p>\n<p>The specific things you\u2019ll learn in this section include:<\/p>\n<ul>\n<li>Define Automatic Stabilization Tools<\/li>\n<li>Define discretionary fiscal policy<\/li>\n<li>Differentiate between structural and cylical budget balance<\/li>\n<\/ul>\n<h3>LEARNING ACTIVITIES<\/h3>\n<p>The learning activities for this section include:<\/p>\n<ul>\n<li>Reading: Fiscal Policy and Stabilizers<\/li>\n<li>Reading: Counterbalancing Recession and Boom<\/li>\n<li>Reading: The Standardized Employment Deficit or Surplus<\/li>\n<li>Self Check: Discretionary and Automatic Fiscal Policy<\/li>\n<\/ul>\n<p>Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n","protected":false},"author":32,"menu_order":7,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-508","chapter","type-chapter","status-publish","hentry"],"part":599,"_links":{"self":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/users\/32"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/508\/revisions"}],"predecessor-version":[{"id":509,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/508\/revisions\/509"}],"part":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/parts\/599"}],"metadata":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/508\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/media?parent=508"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapter-type?post=508"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/contributor?post=508"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/license?post=508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}