True/False
One drawback of fiscal policy is the time it takes to enact the legislation necessary to activate it.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: At a level of output equal to
Q67: The existence of stagflation in the 1970s
Q68: Discretionary fiscal policy works by shifting the
Q69: The combined effect of changes in government
Q70: Keynes thought that one macroeconomic problem is
Q72: Economists and policy makers questioned the effectiveness
Q73: An increase in government purchases must always
Q74: Suppose an initial increase in government expenditure
Q75: Which of the following assumptions is true
Q76: Military spending is a good example of