What is the timing problem in fiscal policy?
fiscal policy. One timing problem in using fiscal policy to counter a recession is the "implementation lag" that occurs between the. time fiscal action is taken and the time that the action has its effect on the economy.
Why is fiscal policy so difficult?
Using fiscal policy to stabilize the economy is difficult because. there are time lags involved in the use of fiscal policy. If Congress passes legislation to increase government purchases to counter the effects of a recession, then this would be an example of a (n) expansionary fiscal policy.
Is unemployment an automatic stabilizer?
Unemployment compensation is. an automatic stabilizer because it falls as income increases, slowing an economic expansion. The time that elapses between the beginning of a recession or an inflationary episode and the identification of the macroeconomic problem is referred to as a (n) recognition lag.
Popular Posts:
- 1. what are the bond's key features course hero
- 2. what are the steps a bill takes before it becomes a law course hero
- 3. how to teavh an emt refresher course missouri 2018
- 4. how to see how long a udemy course is
- 5. how to include course title in essay
- 6. identify what could be a possible reaction to stereotype threat. course hero
- 7. what are the ethical issues of using unlicensed software? course hero
- 8. what is the final price ranking for alternative b course hero
- 9. motivation of students who would complete a difficult course using each setp in expectancy theory
- 10. how do sunrise times, sunset times, and hours of daylight change over the course of the year?