When consumption spending increases is example

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Reference no: EM131173975

The time between when income taxes are cut and when consumption spending increases is an example of:

A)    the outside lag of macroeconomic policy.

B)    the inside lag of macroeconomic policy.

C)    the outside lag of monetary policy.

D)    the inside lag of fiscal policy.

An economy with a trade surplus must also have:

A)    a trade deficit.

B)    a budget surplus.

C)    positive net capital outflows.

D)    positive net capital inflows.

Reference no: EM131173975

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