Ask Question
18 November, 20:08

Using fiscal policy to stabilize the economy is difficult because rev: 06_13_2018 Multiple Choice potential income is known. the effects of policy changes are known with certainty. there are time lags involved in the use of fiscal policy. the size of the government debt doesn't matter.

+1
Answers (1)
  1. 18 November, 20:26
    0
    There are time lags involved in the use of fiscal policy

    Explanation:

    Firstly, what is fiscal policy?

    Fiscal policy refers to the use of government spending (expenditures) and tax policies to influence economic conditions, including demand for goods and services, employment, inflation, and economic growth.

    Using it to stabilize an economy is difficult because it takes time for its implementation to be in full force
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Using fiscal policy to stabilize the economy is difficult because rev: 06_13_2018 Multiple Choice potential income is known. the effects of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers