Tax and Spending Policies Affect Aggregate Demand Only After Some

question 4

Multiple Choice

Tax and spending policies affect aggregate demand only after some time elapses.Due to these time lags, fiscal policies end up getting based on

• A)forecasts on the future state of the economy that are often inaccurate.
• B)forecasts on the present state of the economy that are often inaccurate.
• C)forecasts on the present state of the economy that are often accurate.
• D)all of these.

---

Definitions:

Original Schedule

The initial plan or timetable for events or tasks before any changes or adjustments are made.

Primary Research

Research that gathers new information.

Conduct Surveys

The process of gathering data or information from a sample of individuals through a structured set of questions.

Published Statistics

Data or numerical information that has been gathered and released by an authoritative source for public use.