The legislation time lag is best described as the time that it takes
A) Parliament to pass laws needed to change taxes or spending.
B) the Prime Minister to convince the public of the need for change.
C) a newly passed legislation to become the norm in daily lives.
D) the Prime Minister to set up advertising campaigns.
E) Parliament to realise that new legislation must be passed to change taxes or spending.
Correct Answer:
Verified
Q42: Q48: A fiscal stimulus works to close a Q52: A reason why discretionary fiscal policy might Q57: An increase in government expenditure can _ Q58: There are four limitations to the effectiveness Q103: The _ view says that fiscal stimulus Q104: Once supply-side effects are taken into account,income Q105: The greater the tax wedge,the _ the Q108: The supply-side effects of a change in Q111: Looking at the supply-side effects on aggregate![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents