The mistiming problem with discretionary fiscal policy results from
A. a delay in agreeing on a solution to a recession.
B. a delay in recognizing a recession.
C. a delay in getting a particular plan implemented with the money getting into peoples' hands.
D. all of the options are correct.
Answer: D
Economics
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The primary cause of inflation is
a. large budget deficits. b. high taxes. c. rapid expansion of the money supply. d. government expenditures that are large relative to the size of the economy.
Economics
Which of the following would be primarily determined in the resource markets?
A. The airfares charged by airlines for family vacations B. The wage rates for computer programmers and engineers C. The number of home-internet connections installed D. The amount of money in circulation issued by the government
Economics