The problem with a detailed federal government budget is that:
A)monetary policy becomes more difficult to implement.
B)it reduces the flexibility of discretionary fiscal policy.
C)Congress cannot keep it up to date.
D)there is a shortage of congressional committees that deal with the budget.
E)there is a short review period,resulting in poor choices in funding programs.

Question

Quizplus · Accepted Answer

A detailed federal government budget reduces the flexibility of discretionary fiscal policy because it sets specific funding amounts for each program, making it harder for policymakers to quickly adjust spending priorities in response to changing economic conditions. This can limit the government’s ability to stimulate or restrain economic growth as needed.

The Problem with a Detailed Federal Government Budget Is That