One Drawback in Using Fiscal Policy as a Stabilization Tool

question 28

Multiple Choice

One drawback in using fiscal policy as a stabilization tool is that fiscal policy:

• A)affects potential output as well as planned aggregate expenditure.
• B)effects are frequently offset by automatic stabilizers.
• C)is too flexible to use to close output gaps.
• D)is not useful for dealing with prolonged episodes of recession.

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Definitions:

Default Codes

Pre-determined codes used in various systems (such as medical billing) when specific details are not provided, to facilitate processing.

ICD-10-CM General Note

Supplementary information or guidelines provided within the ICD-10-CM coding system to assist in the proper application of the codes.

Main Term

The primary or most significant word or phrase used to describe the content or main subject of a document.

ICD-10-PCS

The International Classification of Diseases, Tenth Revision, Procedure Coding System; a system used by healthcare providers to classify and code all diagnoses, symptoms, and procedures.