Which of the Following Are Limitations of Fiscal Policy

question 239

Multiple Choice

Which of the following are limitations of fiscal policy?
I. There is a lag between recognizing that fiscal policy might be needed and when it actually takes effect.
II. Economic forecasts might be incorrect.
III. Monetary policy might counter fiscal policy.

• A) I only
• B) I and II
• C) I and III
• D) I, II and III

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Definitions:

Balanced Scorecard

A management and planning system designed to align an organization’s activities with its vision and strategy, enhance communication within and outside the organization, and track the organization's performance in comparison to its strategic objectives.

Performance Measure

Metrics or indicators used to assess and quantify the efficiency, effectiveness, and performance of an organization or individual.

Improvement

The process of making something better or increasing its value, often referring to property or performance enhancements.

Operating Assets

Assets that are used in the day-to-day operations of a business to generate revenue.