Fiscal policy is often implemented very quickly and effectively.

Question

Quizplus · Accepted Answer

Fiscal policy involves decisions and actions related to government spending and taxation, which can take time to plan and implement. The process may involve debates in legislative bodies, negotiations with different stakeholders, and bureaucracy, which can slow down the process. Additionally, the impact of fiscal policy measures may take time to be felt in the economy. Therefore, it may not always be implemented quickly and effectively.

Fiscal Policy Is Often Implemented Very Quickly and Effectively