The political process by which fiscal policy is made
A) is relatively rapid,contributing to the effectiveness of fiscal policy.
B) requires only that the prime minister approve changes to the budget,a decision that takes several months.
C) is efficient in reaching a decision within a year.
D) is slow and results in a long time lag for fiscal policy.
Correct Answer:
Verified
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Q6: What portion of government purchases of goods
Q7: Interest payments by the government as a
Q7: The deficit is
A)the amount by which government
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Q9: Assume the marginal tax rate for income
Q11: Since the 1950s,transfer payments' share of GDP
Q13: Provincial and local governments rely on _
Q14: Which of the following is NOT included
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