The use of fiscal policy is limited because
A) the Treasury may have different goals to the Reserve Bank.
B) there is never a long enough time lag.
C) the economy is almost always at full employment.
D) time lags associated with fiscal policy may cause the policy to take effect too late to solve the problem it was supposed to address.
Correct Answer:
Verified
Q84: If we compare the United States to
Q85: Q86: Suppose the tax rate on interest income Q87: The budget deficit Q88: An increase in taxes on interest income
A)is the difference between government
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