Is there a tradeoff between fiscal policy that is timely and fiscal policy that is targeted?
A. No, the video gives several examples of timely fiscal policy that was targeted.
B. Yes, because it takes a very long time to decide what the targets should be.
C. Yes, because the industries that need help also move the slowest.
D. Yes, because it's hard to create targeted fiscal policy quickly.
Answer: D. Yes, because it's hard to create targeted fiscal policy quickly.
You might also like to view...
When tax revenues exceed the government's outlays, the budget
A) has a surplus and the national debt is decreasing. B) is balanced and the national debt is decreasing. C) has a deficit and the national debt is increasing. D) has a surplus and the national debt is increasing. E) None of the above because by law tax revenue cannot exceed the government's expenditures.
If the number of dollars needed to buy a representative basket of goods falls, the price level
a. falls, so the value of money falls. b. falls, so the value of money rises. c. rises, so the value of money falls. d. rises, so the value of money rises.