Discretionary fiscal policy is handicapped by
A) law-making time lags, estimation of potential GDP, and economic forecasting.
B) automatic stabilizers and induced taxes.
C) induced taxes and automatic stabilizers.
D) economic forecasting, law-making time lags, and induced taxes.
E) automatic stabilizers, law-making time lags, and potential GDP estimation.
Correct Answer:
Verified
Q4: Increasing the income tax rate--------------------the--------------------
A)decreases; supply of
Q5: Q6: The national debt is the amount Q7: The standard view in economics is that Q8: The national debt can only be reduced Q10: If the government uses fiscal policy to
A)by which
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents