Which of the following are lags that fiscal policy makers must cope with?
A) effect time lags B) recognition time lags
C) action time lags D) All of the above are correct.
D
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Economic prosperity returned under the New Deal programs of the 1930s
Indicate whether the statement is true or false
Which of the following would likely increase the money supply?
a. The purchase of government securities by one bank from another bank b. An increase in the required reserve ratio c. An increase in the reserves of a commercial bank d. An increase in the discount rate e. The sale of government securities by a bank to the Fed
Command-and-control regulations create incentives for firms to take the social costs of pollution into account and allow firms some flexibility in reacting to these incentives
a. True b. False Indicate whether the statement is true or false
Suppose that in an effort to help single parents, the government decides to pay part of the cost of childcare. This measure would increase ________ in the market for childcare.
A. producer surplus B. total economic surplus C. efficiency D. consumer surplus