Fiscal policy can:
A) influence the economy in the short run.
B) bring the economy back to its long run equilibrium faster than it can correct itself.
C) cause inflation.
D) All of these are true.
Correct Answer:
Verified
Q43: The process of deciding on and passing
Q44: When the government enacts fiscal policy:
A) long-run
Q45: Fiscal policy is often difficult to successfully
Q46: The graph shown displays various economic outcomes.
Q47: Effective fiscal policy can be difficult to
Q49: One reason the government will enact fiscal
Q50: During parts of the Roaring 20s, the
Q51: The government would most likely enact contractionary
Q52: A lack of understanding regarding the current
Q53: The consequence of expansionary fiscal policy is:
A)
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