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Question 19 2 pts Which of the following was not a lag discussed when speaking about fiscal policy? O The Recognition Lag O The Implementation

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Question 19 2 pts Which of the following was not a lag discussed when speaking about fiscal policy? O The Recognition Lag O The Implementation Lag O All of these were discussed when talking about fiscal policy. O The Data Lag The Information Lag Question 20 2 pts When does a government budget surplus occur? O when revenues are greater than outlays O when outlays are equal to revenue O when outlays are greater than revenue Question 21 1 pts An increase in disposable income will shift the aggregate demand curve to the right. O True O False

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