Multiple Choice
Fiscal policy is:
A) easy to enact and quick to affect the economy.
B) easy to enact but slow to affect the economy.
C) difficult to enact but quick to affect the economy.
D) difficult to enact and slow to affect the economy.
Correct Answer:
Verified
Correct Answer:
Verified
Q208: Suppose output exceeds potential output and contractionary
Q209: In the standard supply demand model,a fall
Q210: Refer to the following graphs. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7143/.jpg"
Q211: If a fall in foreign income decreases
Q212: Explain why the aggregate demand curve is
Q214: At the intersection of the short-run aggregate
Q215: What of the following would be the
Q216: Which of the following would shift the
Q217: A recessionary gap exists when:<br>A)aggregate demand exceeds
Q218: According to the Keynesian model,<br>A)wages are flexible