Three Issues That Arise in the Application of Activist Fiscal

question 130

Multiple Choice

Three issues that arise in the application of activist fiscal policy are

• A) time lags,outsourcing,and government debt.
• B) government debt,crowding-out,and savings shifts.
• C) time lags,crowding-out,and government debt.
• D) outsourcing,crowding-out,and government debt.
• E) time lags,crowding-out,and savings shifts.

---

Definitions:

Human Capital

Proficiencies, education, and experiences attributed to an individual or a group, appraised concerning their fiscal value or expense to a business entity or a national economy.

Social Processes

Patterns of interaction between individuals and groups that shape society and social change over time.

Political Processes

The methods and actions through which political decisions, policies, and laws are formed, decided, and implemented.

Economic Processes

The series of methods and activities by which goods and services are produced, distributed, and consumed in an economy.