Which of the following is not an example of a "lag" that diminishes the potential impact of fiscal policy?

A) the data lag
B) the recessionary lag
C) the legislative lag
D) the transmission lag
E) None of the above; all are examples of such lags.


B

Economics

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Which of the following is an example of a fixed input?

a. The acreage of a farmer's land. b. Machinery. c. The size of a firm's plant. d. All of these.

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Aggregate demand (AD)

What will be an ideal response?

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It was the banking panic of _____ that convinced Congress to establish the Federal Reserve System

a. 1890. b. 1929. c. 1907. d. 1863. e. 1921.

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A monopolistic competitor, like a(n) ____________, faces a downward-sloping demand curve.

a. monopolist b. perfect competitor c. oligarch d. new entrant

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