The benefits of fiscal policy include its: political visibility short decision lag short impact lag short recognition lag potential regional focus
Added by Charlotte J.
Close
Step 1
Step 1: Fiscal policy is highly visible to the public and can be easily attributed to the government in power, making it politically advantageous. Show more…
Show all steps
Your feedback will help us improve your experience
Chandra Jain and 52 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Identify the effects of fiscal policy on the economy
Chandra J.
The lags in discretionary fiscal policy Group of answer choices Are desirable, because they provide time for the economy to adjust to the policy Are desirable, because they result in eliminating the gaps Are undesirable, because discretionary fiscal policy is ineffective Are undesirable, because the policy action may be inappropriate by the time its impact is felt
Nick J.
Taking into account uncertainty about the true marginal abatement costs of firms, do emission allowances have any advantages in achieving a specific environmental policy objective? Explain!
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD