The effect time lag of fiscal policy refers to
A) the time needed for Parliament to enact a policy.
B) the delay in recognizing an economic problem.
C) the time that elapses between the onset of a policy and the results of that policy on the economy.
D) the difficulty in getting the Prime Minister and Parliament to agree on an appropriate policy.
Correct Answer:
Verified
Q88: Fiscal policy may end up being destabilizing
Q89: An advantage of automatic stabilizers over discretionary
Q90: In the Canadian economy,the progressive income tax
Q91: Multiplier effects take time to work through
Q92: A recent government proposal to increase marginal
Q94: We know that discretionary fiscal policy
A)is never
Q95: Suppose there are two policy options facing
Q96: The net export effect occurs when
A)increased government
Q97: One characteristic of built-in or automatic stabilizers
Q98: The various time lags involved with fiscal
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