A problem(s) with fiscal policy is that
a. it takes a long time for Congress to recognize that an economic problem exists
b. interest rates will increase if the money supply increases too rapidly
c. trade wars may erupt once tariffs and quotas are implemented
d. all
Ans: a. it takes a long time for Congress to recognize that an economic problem exists
You might also like to view...
The accounting system requires that the current account and the financial account sum to ________
A) 0 B) 1 C) 100 D) 10
The effectiveness with which markets bring buyers and sellers together is called
A) pricing efficiency. B) operating efficiency. C) the theory of efficient markets. D) bid-asked spread efficiency.
A profit-maximizing firm will never increase production if doing so causes total revenue to decrease
a. True b. False
Refer to the diagram above, which shows three supply curves for corn. A movement from point a to point b is caused by a change in the
What will be an ideal response?