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
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
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 5P
Related questions
Question
Please correct and incorrect answer explanation otherwisei give downvote
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
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…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning