It is difficult to determine when the economy is turning up or down.This is because there is ___________ that delays the effects of changes in fiscal policy.
A) a time lag
B) an implementation lag
C) an impact lag
D) a countercyclical lag
E) an automatic lag
Correct Answer:
Verified
Q47: An implementation lag happens because
A) it is
Q59: Three issues that arise in the application
Q59: Countercyclical fiscal policy consists of:
A) using expansionary
Q64: If the effects of contractionary fiscal policy
Q66: It takes time for the complete effects
Q67: Crowding-out occurs when
A) supply-side fiscal policy does
Q69: _ is an example of an automatic
Q70: The "crowding-out" critique is based on the
Q76: If lags cause the effects of fiscal
Q78: Progressive tax rates,taxes on corporate profits,unemployment compensation,and
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