What are the effects of fiscal policy during normal times? What are the effects of fiscal policy during abnormal times?
What will be an ideal response?
During normal times, discretionary fiscal policy may not have its intended effects and, therefore, may actually cause more harm than good. The various time lags and the possible offsets make it fairly ineffective as a tool. During a major recession, fiscal policy is more likely to be effective, since the offsets are less likely.
Economics
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In most circumstances, employees pay taxes on the value of health insurance their employers provide them
Indicate whether the statement is true or false
Economics
The central bank is said to monetize the deficit when it purchases bonds issued by the government.
Answer the following statement true (T) or false (F)
Economics