Multiple Choice
A limitation on fiscal policy is time.Which of the following does not impact the timeliness of fiscal policy?
A) It takes time to recognize that the economy is in trouble.
B) It will take time to develop a policy strategy and for Congress to pass it.
C) All of these impact the timeliness of fiscal policy.
D) It will take time for the policy to be implemented and for the many steps in the multiplier process to unfold.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: A tax cut intended to increase aggregate
Q3: Which of the following gave the U.S.federal
Q4: To eliminate an AD shortfall of $100
Q5: According to Keynes,the level of economic activity
Q6: If the MPC is 0.75,a $200 million
Q8: Which of the following would cause the
Q9: Nearly half of the federal government's tax
Q10: The impact of fiscal stimulus on aggregate
Q11: With an upward-sloping AS curve,a decrease in
Q12: To eliminate an AD shortfall of $100