The use of fiscal policy is limited because
A) there is never a long enough time lag.
B) the economy is almost always at full employment.
C) the President may have different goals than Congress.
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.

Question

Quizplus · Accepted Answer

Time lags associated with fiscal policy may cause the policy to take effect too late to solve the problem it was supposed to address.

The Use of Fiscal Policy Is Limited Because