When fiscal policy is used, time lags are variable and last anywhere from
A. one to three weeks.
B. one to three years.
C. one to three months.
D. one to three decades.
Answer: B
You might also like to view...
Current concern about Social Security is that
A) the fund is growing too rapidly and would trigger inflation. B) the fund might be depleted before long and might not be there for workers who retire later. C) the government is planning to phase out the program. D) none of the above
Which of the following would be most likely to cause the per capita income of less-developed countries to rise?
a. development of strong labor unions b. more rapid population growth c. investment expenditures that enhance the human capital of labor force participants d. an international minimum wage law
Which tax form would you select for a Partnership?
a. Form 1120 b. Form 1120S c. Form 1065 d. Form 1040S
This monopolistic competitor is in the
A. short run making a profit.
B. short run taking a loss.
C. long run making a profit.
D. long run taking a loss.