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1. The primary tools of fiscal policy are
A. government expenditure and money supply
B. government expenditure and taxation
C. money supply and money demand.
D. taxation and interest rates
2. In a typical year, changes in government spending compared to overall spending are relatively
A. well-timed.
B. large.
C. unpredictable.
D. small.
3. The time necessary for Congress to propose and pass a fiscal policy plan is called a(n)
A. legislative lag.
B. recognition lag.
C. implementation lag.
D. Each of these answers is correct.
4. The time necessary for a fiscal policy plan to have an impact is called a(n)
D. None of these answers is correct.
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q.use demand and supply curves feel free to use graphical depictions but it is not required to help you determine the
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An asset costs $20,000 and is in the 5 year property class. O&M costs are $2,000 the first year, $3,000 the second year, $4,000 the third year, etc. Salvage values are $12,000 after one year, $9,000 after 2 years, $6,000 after 3 years, and $4,000 the..
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