Multiple Choice
The use of discretionary fiscal policy is hampered by
I.difficulty of estimating the level of potential GDP.
Ii.lack of accuracy of economic forecasts.
Iii.the small impact tax cuts and increases in government expenditure have on aggregate demand.
A) i only
B) ii only
C) iii only
D) i and ii
E) i,ii,and iii
Correct Answer:
Verified
Correct Answer:
Verified
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