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11-08-2022
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To reduce the length and severity of a recession with discretionary fiscal policy, the president and congress could:___.

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mdrdncz mdrdncz

21-08-2022

To reduce the length and severity of a recession with discretionary fiscal policy, the President and Congress could... decrease taxes!

The President must sign legislation on discretionary fiscal policy to tackle the recession. They should work with Congress to reduce taxes to enhance consumer disposable income.

Reduced taxes would be a suitable fiscal strategy if the economy were to enter an economic downturn. Fiscal policy changes in fed taxes and purchases aimed at achieving objectives of macroeconomic policy.

A discretionary or active fiscal policy is when Congress passes a tax cut to combat inflationary pressures to increase spending. An expansionary fiscal policy would increase government spending while cutting taxes to fight a recession induced by a negative demand shock.

Learn more about discretionary fiscal policy here: https://brainly.com/question/27380730

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