If the guidelines for fiscal policy (Table 12.2) are so simple, why does the economy ever suffer

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If the guidelines for fiscal policy (Table 12.2) are so simple, why does the economy ever suffer from unemployment or inflation?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:54 PM

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If the guidelines for fiscal policy (Table 12.2) are so simple, why does the economy ever suffer

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First there are unanticipated shocks to the economy that can throw it out of the ful...View the full answer

Essentials of Economics

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