Which of the following terms refers to the time it takes for the funds relating to fiscal policy to be dispersed to the appropriate agencies to implement the programs?
a. recognition lag
b. implementation lag
c. legislative lag
d. budgetary lag
b. implementation lag
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The abbreviation "GDP" stands for
A) Gross Domestic Prices. B) General Domestic Prices. C) Gross Domestic Product. D) Great Domestic Prices. E) Government's Domestic Politics.
The Tiebout model offers a quasi-market solution to public good production and community development. What are some drawbacks to this model?
What will be an ideal response?
The segregation of Hispanic students is somewhat less than those of black students
Indicate whether the statement is true or false
An increase in the price level in an economy will _____
a. shift the aggregate expenditure line upward b. shift the aggregate expenditure line downward c. cause an upward movement along the aggregate expenditure line d. cause a downward movement along the aggregate expenditure line e. shift the aggregate demand curve downward