Is There Any Way to Conduct Fiscal Policy and Avoid

question 92

Essay

Is there any way to conduct fiscal policy and avoid the lags involved with discretionary policy?

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Definitions:

Innovators

Innovators are individuals or organizations that introduce new ideas, methods, or products, often leading the way in technological and societal changes.

Entrepreneurs

Individuals who take the risk of starting and managing businesses with the aim of making profits or driving social change.

Start-Ups

Newly formed firms that are attempting to pioneer a new product or production method.

Venture Capital

That part of household savings used to finance high-risk business enterprises in exchange for stock (and thus a share of any profit if the enterprises are successful).