Tax and Spending Policies Affect Aggregate Demand Only After Some

Multiple Choice

Tax and spending policies affect aggregate demand only after some time elapses.Due to these time lags, fiscal policies end up getting based on

A) forecasts on the future state of the economy that are often inaccurate.
B) forecasts on the present state of the economy that are often inaccurate.
C) forecasts on the present state of the economy that are often accurate.
D) all of these.