Multiple Choice
Countercyclical fiscal policy has a serious problem with
A) the timing of its enactment and impact.
B) the easy reversibility of policy.
C) the tendency of the Federal Reserve to immediately counter Congressional action.
D) the courts as it has been held to be unconstitutional.
E) Presidential executive orders.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: There are two kinds of changes in
Q41: Ricardian equivalence implies a tax multiplier of
Q42: Which of the following cases represent the
Q43: As a percentage of GDP,non-military government purchases
Q44: A key tool of countercyclical fiscal policy
Q46: Government debt and interest payments on that
Q47: Recessions are associated with budget deficits.
Q48: Under which of the following circumstances should
Q49: Government expenditures are larger than government outlays.
Q50: If the national debt is growing no