Explain Why Accurately Timing the Fiscal Policy May Be More

question 134

Essay

Explain why accurately timing the fiscal policy may be more difficult than accurately timing of monetary policy.
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Definitions:

Ethological Approach

A perspective in psychology that emphasizes the evolutionary origin of behaviors and their adaptive functions.

Human Aggression

Behavior aimed at causing harm or pain to another person.

Instinct

A natural or innate impulse, inclination, or tendency that guides behavior without the necessity for conscious thought.

Biological Explanations

Theories or reasons that relate behavior, traits, and conditions to biological factors such as genetics and neurochemistry.