Which of the following statements is correct?
a. governments have a difficult time fine-tuni...
Business, 07.11.2019 06:31, allieallie
Which of the following statements is correct?
a. governments have a difficult time fine-tuning the economy by using fiscal policy because of the automatic stabilizers.
b. governments have the knowledge about how to fine-tune the economy, but the effect time lag generates a backlash from voters that makes it difficult to implement.
c. governments have a difficult time fine-tuning the economy by using fiscal policy because there are several time lags and these are often variable.
d. governments have learned how to use fiscal policy to fine-tune the economy.
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