Check my work TB MC Qu. 13-142 Two drawbacks in using fiscal... Two drawbacks in using fiscal policy as a stabilization tool are that fiscal policy can affect as well as aggregate demand and that fiscal policy is Multiple Choice consumption; too flexible potential output; not flexible enough consumption; offset by automatic stabilizers potential output; offset by automatic stabilizers

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 5P
icon
Related questions
Question

Please correct and incorrect answer explanation otherwisei give downvote

 

 

Check my work
TB MC Qu. 13-142 Two drawbacks in using fiscal...
Two drawbacks in using fiscal policy as a stabilization tool are that fiscal policy can affect
as well as aggregate demand and that fiscal policy is
Multiple Choice
consumption; too flexible
potential output; not flexible enough
consumption; offset by automatic stabilizers
potential output; offset by automatic stabilizers
Transcribed Image Text:Check my work TB MC Qu. 13-142 Two drawbacks in using fiscal... Two drawbacks in using fiscal policy as a stabilization tool are that fiscal policy can affect as well as aggregate demand and that fiscal policy is Multiple Choice consumption; too flexible potential output; not flexible enough consumption; offset by automatic stabilizers potential output; offset by automatic stabilizers
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning