Multiple Choice
Even when the Obama administration succeeds with its effort to gain Congressional approval for its stimulus proposals, it will still take time for these policies to actually work. The time it takes for these policies to work is known as
A) inside lags.
B) outside lags.
C) automatic stabilization.
D) crowding out.
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Transfer payments are excluded from GDP.
Q89: The Obama stimulus package included fiscal policy
Q90: Which of the following is an example
Q91: A federal budget _ occurs when the
Q92: Explain how a change in tax rates
Q94: Tax cuts aimed at businesses can stimulate<br>A)
Q95: Policies taken to move the economy closer
Q96: The Laffer curve illustrates that<br>A) high tax
Q97: Social insurance taxes are paid by wages
Q98: Taxes and transfer payments automatically reduce fluctuations