Solved

Using Discretionary Fiscal Policy to Smooth the Short-Term Business Cycle

Question 148

Multiple Choice

Using discretionary fiscal policy to smooth the short-term business cycle is challenging because:


A) the data needed are not available for almost a month after the fact.
B) it often takes up to a quarter to confirm a recessionary phase.
C) once the policy is decided, it can be implemented immediately.
D) deciding on fiscal policy often takes a long and contentious legislative process.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents