The fiscal policy planner's job is made easier because full-employment GDP can be accurately measured.

Question

Quizplus · Accepted Answer

While full-employment GDP is an important concept for fiscal policy planning, it can be difficult to accurately measure. There can be debates and variations in how it is calculated depending on factors such as labor force participation, productivity, and inflation. As a result, the fiscal policy planner's job is not necessarily made easier by this concept alone.

The Fiscal Policy Planner's Job Is Made Easier Because Full-Employment