The Modern Synthesis View of Fiscal Policy Stresses

Multiple Choice

The modern synthesis view of fiscal policy stresses

A) how easy it is to time fiscal policy changes so they exert a stabilizing influence on the economy.
B) the ineffectiveness of fiscal policy, even during periods of widespread unemployment.
C) the difficulties involved in timing fiscal policy changes so they will exert a stabilizing impact on the economy.
D) that automatic stabilizers do not help smooth fluctuations in the economy.