Multiple Choice
Countercyclical fiscal policy has a serious problem with
A) overshooting the desired impact by a factor of 10.
B) the irreversibility of actions.
C) the tendency of the Federal Reserve to immediately counter Congressional action.
D) the courts as it has been held to be unconstitutional.
E) overshooting the desired impact by a factor of 3.
Correct Answer:
Verified
Correct Answer:
Verified
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