Problem of time lags in enacting and applying fiscal policy

Assignment Help Business Economics

Reference no: EM131104568

Answer the following key problem from the chapter on Fiscal Policy, which is based on our discussion in class:

a. Explain the problem of time lags in enacting and applying fiscal policy.

b. What is the difference between the national debt and a budget deficit?

c. How does the crowding-out effect relate to fiscal policy?

d. What is the difference between expansionary and contractionary fiscal policy?

e. During the 2012 election year, how did President Obama create a political business cycle?

Reference no: EM131104568

Questions Cloud

What value will be in those pixels after your function runs : If your picture had a pixel color pure red (RGB = 255, 0, 0) and another pure blue (0, 0,255), what value will be in those pixels after your function runs

Briefly describe the physical or mental health issue : Briefly describe the physical or mental health issue you have selected. Compare (similarities and differences) the following factors for men and women: The incidence, mortality rate, diagnosis, and prognosis of that health issue.

Proper accounting suggests that the unusual gain : Proper accounting suggests that the unusual gain be reported as an extraordinary item. Illustrate an appropriate presentation of these items in the income statement.

Foundations and components of psychoanalysis : Discussing the foundations and components of psychoanalysis. Evaluate the contributions and criticisms of psychoanalytic models to the explanation of human behavior.

Problem of time lags in enacting and applying fiscal policy : Explain the problem of time lags in enacting and applying fiscal policy. What is the difference between the national debt and a budget deficit? How does the crowding-out effect relate to fiscal policy?

Why is a factorial manova appropriate to use for research : What are the independent variables in this study? What are the dependent variables and why is a factorial MANOVA appropriate to use for this research design?

Design class to represent any household item : Design and implement your own simple class to represent any household item of your choices (toaster, fan, and hair dryer, piano....)

How should this allocation be handled : When does tax allocation within a period become necessary? How should this allocation be handled?

Identify and describe two possible behavioral disorders : Identify and describe two possible behavioral disorders one might consider as DSM diagnoses. Make sure you support those choices with specific symptoms observed in the vignettes. Compare and contrast the two diagnoses and select one that you consi..

User Account

All Pages