A Limitation on Fiscal Policy Is Time

question 7

Multiple Choice

A limitation on fiscal policy is time.Which of the following does not impact the timeliness of fiscal policy?

• A)It takes time to recognize that the economy is in trouble.
• B)It will take time to develop a policy strategy and for Congress to pass it.
• C)All of these impact the timeliness of fiscal policy.
• D)It will take time for the policy to be implemented and for the many steps in the multiplier process to unfold.

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Definitions:

Dissociative Fugue

A rare psychological condition characterized by temporary amnesia for personal identity, often accompanied by sudden travel or wandering.

Dissociative Amnesia

A disorder characterized by memory gaps regarding personal information, typically resulting from trauma or stress, not explained by ordinary forgetfulness.

Church-Affiliated

Pertaining to or associated with a church or religious institution, often implying the organization takes certain religious beliefs or practices into consideration in its operations.

La Belle Indifference

Describes a paradoxical lack of concern or indifference towards one's significant physical or psychological symptoms.