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Discretionary Fiscal Policy Is Risky Because It Is Hampered by

Question 96

Multiple Choice

Discretionary fiscal policy is risky because it is hampered by


A) recognition lag, impact lag, and law-making lag.
B) recognition lag, business cycle lag, and law-making lag.
C) business cycle lag, impact lag, and law-making lag.
D) recognition lag, impact lag, and business cycle lag.
E) recognition lag, inflation lag, and law-making lag.

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