Given Current Limitations,fiscal Policy as a Macroeconomic Stabilizer Is More

question 74

Multiple Choice

Given current limitations,fiscal policy as a macroeconomic stabilizer is more defensible the ________ the output gap being suffered,an argument supporting ________.

• A)larger; fine tuning
• B)larger; gross tuning
• C)smaller; fine tuning
• D)smaller; crowding out
• E)larger; crowding out

---

Definitions:

Costs of Delay

The negative consequences, such as financial losses or missed opportunities, resulting from postponing a decision or action.

Negotiation

The process by which two or more parties aim to reach an agreement on matters of mutual interest while attempting to maximize their own outcomes.

Hardball Tactics

Aggressive or uncompromising strategies employed in negotiations or conflicts.

Risks

Potential for loss, harm, or other adverse effects resulting from internal or external vulnerabilities, and the possibility that the outcome may differ from expectations.