One timing problem in using fiscal policy to counter a recession is the "operational lag" that occurs between the
A) start of the recession and the time it takes to recognize that the recession has started.
B) start of a predicted recession and the actual start of the recession.
C) time fiscal action is taken and the time that the action has its effect on the economy.
D) time the need for the fiscal action is recognized and the time that the action is taken.
Correct Answer:
Verified
Q167: The American Recovery and Reinvestment Act of
Q170: The crowding-out effect tends to be stronger
Q171: The lag between the time that the
Q173: If there is a constitutional requirement to
Q174: The time that elapses between the beginning
Q176: When the U.S.economy reached full employment in
Q242: The crowding-out effect arises when
A) government lends
Q245: The crowding-out effect suggests that
A) increases in
Q256: State and local governments are limited in
Q257: The crowding-out effect works through interest rates,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents