"Fine-tuning" the economy is a generally accepted approach to macro policy since time lags in policy implementation is not an issue.
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Q120: Table 16.1 - Obstacles to the success
Q121: Tax cuts designed to stimulate work effort,saving,and
Q122: "Fine tuning" refers to the ability of
Q123: The Fed has traditionally been willing to
Q124: Automatic stabilizers result in substantial design lags
Q126: Good economic policy and political objectives are
Q127: Stagflation is caused by a leftward shift
Q128: Automatic stabilizers tend to smooth out the
Q129: Monetary policy relies on the use of
Q130: Even with various policy options to choose
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