Explain Why the Timing of Fiscal Policy May Be More

question 132

Essay

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

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Definitions:

Twinkie Defense

A controversial defense strategy in which the defendant claims diminished capacity due to the effects of consuming an unusual amount or type of food, famously used in the trial of Dan White.

Wyatt v. Stickney

A landmark legal case that established the right to adequate treatment for people in mental health facilities.

Durham v. United States

A landmark legal case that changed the way mental illness was assessed in relation to criminal liability, introducing the Durham rule.

Mens Rea

A legal principle referring to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action itself.