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Question 11 2 pts Poorly timed discretionary policy can do more harm than good. Getting the timing right with fiscal policy is generally O far
Question 11 2 pts Poorly timed discretionary policy can do more harm than good. Getting the timing right with fiscal policy is generally O far less difficult than with monetary policy. O more difficult than with monetary policy. O about the same difficulty as with monetary policy. O less difficult than with monetary policy. Question 12 2 pts Assume that the economy is in a recession below potential GDP. If policymakers implement an expansionary fiscal policy but do not take into account the potential for crowding out, the new equilibrium level of GDP is likely to O increase, yet continue to be below potential GDP. O increase to potential GDP. O increase and be above potential GDP. O not change
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