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One Drawback to the Effectiveness of Fiscal Policy Is the Time

question 122

True/False

One drawback to the effectiveness of fiscal policy is the time it takes to enact the legislation necessary to activate it.


Definitions:

Sell Shares

This refers to the act of transferring ownership of stock or equity interests in a company from one party to another, typically in exchange for monetary compensation.

Circumstances

The conditions or facts affecting a situation, event, or action.

Bond

A bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, where the borrower agrees to pay interest and repay the principal at maturity.

Share

An individual portion of ownership in a company or financial asset.

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