The major weakness of fiscal policy as a way of affecting the economy is that ______.
A) it depends on consumer behavior
B) it depends on decisions made by foreign governments
C) it requires politicians to make redistributive taxing and spending decisions
D) it requires changes to be made in very narrow increments
E) there is no evidence that it works
Correct Answer:
Verified
Q15: _ had the largest historical impact on
Q16: Laissez-faire is a theory that refers to
Q17: An economic boom is a sign that
Q18: The use of interest rates to control
Q19: The goal of economic policymakers is to
Q21: The federal income tax rate for those
Q22: _ control(s)monetary policy.
A) Congress
B) Governors
C) The New
Q23: The Social Security tax is arguably an
Q24: The federal budget process involves decisions by
Q25: A tax levied on returns from capital
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