Fiscal policy is best described as taxation and spending policies that the government pursues in an effort to influence the overall state of the economy. Its roots come from the British economist John Maynard Keynes. A few of the primary goals of fiscal policy are to reduce unemployment, ...
The three types of time lags that make the timing of discretionary policy difficult are: Recognition lag: The time period between an actual change in economic conditions and the recognition of the change by policy makers. Administrative lag: The time period between the recognition of the change ...
With respect to discretionary changes in both monetary and fiscal policy, the time period necessary to gather and tabulate reliable information about an economy's performance is best described as the: A. impact lag. B. recognition lag. C. administrative lag. 相关知识点: 试题来源: 解析 B ...
Monetary policy is best described as what? What is price index in macroeconomics? What is national income in economics? What is the open-economy macroeconomic model? What is government intervention in economics? What is money creation in economics?
With respect to discretionary changes in fiscal policy, the time period between the recognition of the change and the time the policy change is enacted is best described as the:A.Impact lag. B.Recognition lag. C.Administrative lag.查看答案更多...
Of course, as with a money rain, by doing so the government is giving up control of the price level. Member nations of the European Monetary Union issue debt denominated in euros, their home currency, but because monetary policy is under the control of the ECB rather than individual nations...
With respect to discretionary changes in both monetary and fiscal policy, the time period necessary to gather and tabulate reliable information about an economy's performance is best described as the:() A. impact lag. B. recognition lag. C. administrative lag 如何将EXCEL生成题库手机刷题...
In 2017, they pushed for a terrible idea known as border-adjustable taxation (I fretted that it was a pre-VAT). The same temptation will exist in 2025. The bad news is that it will lead to internecine warfare and derail any chance of good tax policy. The worse news is that it might...
In line with these recent studies, our results emphasize the importance of considering the volatility of fiscal policy when studying fiscal adjustments. The remainder of this paper is structured as follows. Section 2 reviews related literature. Section 3 describes the data we use; amongst others, ...
Artis and Winkler (1999), p. 169. See the monetary policy strategy statement of the ECB’s Governing Council of 8 May 2021: ‘The Governing Council considers that price stability is best maintained by aiming for two per cent inflation over the medium term’. Available athttps://www.ecb.eu...