FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the use of discretionary fiscal policy to end a recession is limited because the legislative process is slow in the real world taxes are not

the use of discretionary fiscal policy to end a recession is limited because
the legislative process is slow
in the real world taxes are not induced
potential gdp changes to rapidly
the real world multiplier is too small to have an impact on real gdp

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Economics questions

Question

=+ (d) Let v(B)=[xv,(B)u(dx). Show that "(XX B) =v(B) and [() ()={[(>(dy)w (x).

Answered: 1 week ago

Question

★★★★★
Suppose the production possibility frontier for cheeseburgers (C) and milkshakes (M) is given by C + 2M = 600 a. Graph this function. b. Assuming that people prefer to eat two cheeseburgers with...

Answered: 1 week ago

Question

★★★★★
Consolidation Working Paper, Noncontrolling Interest, Intercompany Merchandise Transactions Kellogg Company (Kellogg's) acquired 80% of the outstanding stock of Wholesome & Hearty Foods ("Wholesome")...

Answered: 1 week ago

Question

★★★★★
Need some help with this homework problem! Calculating the Days' Payable Period. The following information is taken from the annual report of Coca-Cola Enterprises, Inc.: (amounts in millions) Year 2...

Answered: 1 week ago

Question

★★★★★
Excel File Edit View Insert Format Tools Data Window Help 11 8 ) 75% Tue 10:23 AM QE AutoSave OFF A F ? C ... SMS310 Test 2 - Student File Final Home Insert Draw Page Layout Formulas Data Review View...

Answered: 1 week ago

Question

★★★★★
A developer filed a breach of contract action against a general contractor in federal district court. If the contract was breached, the general contractor believes the fault was that of the framing...

Answered: 1 week ago

Question

★★★★★
What would be the approximate current flow in a 120 volt circuit with a 400 watt toaster and an 800 watt microwave oven attached

Answered: 1 week ago

Question

★★★★★
n Suppose X1,..., X are n iid random variables from the cumulative distribution func- tion F(x). Let Y = X; for i = 1,..., n. We further know that X; and Y; have the same distribution. For 0.5 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
The following was posted 7:09 AM, MAY 4, 2020, by Fox Television Stations, updated AT 07:16AM, May 4, 2020. LITTLE ROCK, Ark. Walmart paid almost $180 million in cash bonuses to its hourly associates...

Answered: 1 week ago

Previous Question Next Question