Recognition lag associated with fiscal policy

Assignment Help Business Economics

Reference no: EM13833180

1. The more progressive the tax system, the:

a. Less is the built-in stability for the economy

b. Greater is the built-in stability for the economy

c. Less is the effect of crowding-out on the economy

d. Greater is the severity of business fluctuations on the economy

2. The so-called "recognition lag" associated with fiscal policy is a result of how slowly the U.S. Congress moves.

True

False

3. The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt.

True

False

4. The Social Security program is a retirement system where payments to retirees come from their previous contributions.

True

False

Reference no: EM13833180

Questions Cloud

Preventing a brave new world-human embryos is unethical : In "Preventing a Brave New World" (pp. 331-343), Leon Kass concludes that reproductive and therapeutic cloning of human embryos is unethical. What are the exact steps in Kass's argument for this conclusion? What is your assessment of the strengths an..

What is the mass of the melted ice : what is the mass of the melted ice

What is the appropriate equation : How can I make sure that this is first order? I was also wondering if my equation is correct? I have also written my equation on the graph, is that correct? What is the appropriate equation? I have to identify the specific rate constant (k) for th..

Find solutions for x and y using any technique : What system of equations represents this augmented matrix. Find solutions for x and y using any technique

Recognition lag associated with fiscal policy : The more progressive the tax system, the: The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt. The so-called "recognition lag"..

Differentiates a probability from a probability distribution : Provide an example of what differentiates a "Probability" from a "Probability Distribution". In this example identify both the probability and the probability distribution

Did you ever use any type of illegal or illicit drug : During your time at Rocky, did you ever participate in binge drinking? During your time at Rocky, did you ever abuse prescription medication? During your time at Rocky, did you ever use any type of illegal or illicit drug (not included in questions 1..

Explain the pros and cons of the self correcting economy : Rather than the short run effects of decreasing government spending, allow a self correcting economy to bring the model back to equilibrium, the government decides to act to eliminate the output gap through monetary policy. Explain how the government..

Find the equation of the circle which is a reflection of c : Find the equation of the circle which is a reflection of C in the y-axis

User Account

All Pages