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Which of the following are considered shortcomings of fiscal policy? Choose one or more: A. When the government decides to increase spending to expand the

Which of the following are considered shortcomings of fiscal policy? Choose one or more: A. When the government decides to increase spending to expand the economy, it could spend different amounts on different projects. B. The federal government wants to expand the economy and provides grants to states. Because of this funding, states then cut back on their spending. C. A person who receives a tax refund may decide to save most of it. D. It often takes several months to determine if the economy is in a recession or an expansion

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