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20. According to the textbook, there are practical difficulties and limitations to fiscal policy. Which of the following statements is correct? Group of answer choices
20. According to the textbook, there are practical difficulties and limitations to fiscal policy. Which of the following statements is correct? Group of answer choices Fiscal policy cannot push economic output above the potential GDP level of output. The impact of temporary fiscal policy is larger than the impact of permanent fiscal policy. There are short and fixed time lags in enacting fiscal policy. Expansionary fiscal policy can lower interest rates, which tends to reduce the expansionary impact of the policy
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