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Distinguishing between automatic stabilizers and discretionary fiscal policy, discuss their relative advantages and disdavantages in the context of the pandemic. Suppose you are working at
Distinguishing between automatic stabilizers and discretionary fiscal policy, discuss their relative advantages and disdavantages in the context of the pandemic. Suppose you are working at the Department of Finance and are tasked with the job of designing a discretionary fiscal policy. What considerations would you take into account? Explain briefly.
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