Multiple Choice
Which of the following contributes to implementation lag for discretionary fiscal policy?
A) the time it takes to secure legislative approval for policy actions
B) the time it takes for economic agents to respond to policy actions
C) the difficulty of collecting economic data in a timely manner
D) the time it takes to borrow funds to finance the fiscal policy
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Suppose a country repeals an investment tax
Q35: Which of the following statements is true
Q36: The impact of instituting investment tax credits
Q37: The impact of expansionary fiscal policy is
Q38: An inflationary gap can be closed with<br>A)
Q40: An increase in business taxes is likely
Q41: Which of the following are possible consequences
Q42: Which of the following statements is true
Q43: Fiscal policy is concerned with government's manipulation
Q44: Suppose that income taxes are reduced by