Multiple Choice
Discretionary fiscal policy is risky because it is hampered by
A) recognition lag, impact lag, and law-making lag.
B) recognition lag, business cycle lag, and law-making lag.
C) business cycle lag, impact lag, and law-making lag.
D) recognition lag, impact lag, and business cycle lag.
E) recognition lag, inflation lag, and law-making lag.
Correct Answer:
Verified
Correct Answer:
Verified
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