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Fiscal Policy May Lag Behind the Need to Adjust to Changing

Question 154

Multiple Choice

Fiscal policy may lag behind the need to adjust to changing economic conditions because


A) Congress must approve every change in interest rates.
B) changes in spending and taxing are often slow and cumbersome.
C) Congress has no control over how much the government spends.
D) foreign governments largely control American economic policy.
E) supply and demand are unpredictable.

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