Lags can diminish the effectiveness of fiscal policy. 1. Name and describe the five types of lags.

Question:

Lags can diminish the effectiveness of fiscal policy.
1. Name and describe the five types of lags.
2. Explain why lags are problems.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

See More Books

Question Posted: Feb 12, 2016 07:22 AM

See More Questions

Explain how financial crowding out can reduce the effectiveness of fiscal policy. What determines the magnitude of crowding out?
What does crowding out have to do with the effectiveness of fiscal policy at changing Real GDP?
What does the size of the government spending multiplier relative to the size of the tax multiplier have to do with the effectiveness of fiscal policy at changing Real GDP?
The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Raw materials Work in process Finished goods...
Macys, Inc., headquartered in both Cincinnati and New York, operates more than 840 stores in 45 states under the Macys and Bloomingdales names. Its balance sheet on October 29, 2011, contained the...
Marquis Westbury invested $19,100 in the Ternton and Rainwater partnership for ownership equity of $119,000. Prior to the investment, equipment was revalued to a market value of $77,400 from a book...
Use stepwise regression with $F_{\mathrm{IN}}=F_{\text {OUT }}=4.0$ to find the "best" set of regressor variables for the Belle Ayr liquefaction data in Table B.5. Repeat the analysis with...
The following information is taken from Oler Corp.s balance sheet at December 31, 2013. Interest is payable annually on January 1. The bonds are callable on any annual interest date. Oler uses...
56. Calculate the current carried in a 175-turn circular loop 18.0 cm in diameter to create a maximum torque of 27 Nm if the strength of the magnetic field in which the loop rotates is 1000 times...
Three former RIM employees decided to go into business for themselves and open a store near an office park to sell wireless equipment to young professionals. Their first products were cell phones,...
Sometimes crowding out effect occurs which diminishes the effectiveness of fiscal policy. 1. Explain how direct substitution of public services for consumer spending can create a crowding out effect....
Explain the difference between zero, incomplete, and complete crowding out. If crowding out is complete, does it call into question the effectiveness of a rise in government purchases in order to...
Gainesville Corporation's income statement revealed sales of $$700$,000; gross profit of $$300$,000; selling and administrative costs of $$140$,000; and income taxes of $$45$,000. The selling...
How can misuse or misunderstanding of a software technology impede a software project? For instance, writing structured C code instead of classes in C ++ , or reinventing a tool for each project...
What programming restrictions should be used in a programming language to permit straightforward analysis of real - time applications?
Why is it very important to cite the reference for any computational algorithm that is used in a real - time program in the program s annotation?
You are hired to define a set of principal requirements for a new real - time programming language for embedded control applications. What are the most important requirements that your definition...
What would be an appropriate combination of techniques to write software specifications for the: (a) Semi - autonomous pasta sauce bottling system. (b) Navigation unit for fighter aircraft. (c)...
A sector gear with a pitch radius of 8.25 in. and a 6.60-in. arc of contact is shown in Fig. 8.55. What is the sector angle ? Fig. 8.55 0 8.25 in. -6.60-in. arc
The registrar of a college with a population of N = 4,000 full-time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The following...
Typically there are two alternatives in a replacement analysis. One alternative is to replace the defender now. The other alternative is which one of the following? (a) Keep the defender for its...
The economic life of the defender can be obtained if certain estimates about the defender can be made. Assuming those estimates prove to be exactly correct, one can accurately predict the year when...
A machine tool, which has been used in a plant for 10 years, is being considered for replacement. It cost $9500 and was depreciated by MACRS depreciation using a 5-year recovery period. An equipment...
In Unix and Linux systems, the configuration of the operating system, servers, applications and preferences is commonly stored in plain text files. You want to view the hardware attached to the...
An actual corporation reported this information on their 2019 Annual Report ($ millions). Inventory cost method of LIFO is used. Date Inventory Balance Cost of Goods Sold (COGS) December 31, 2018...
The markets in general are paying a 2% real rate of return. Inflation is expected to be 3%. ABC stock commands a 6% risk premium. What is the expected rate of return on ABC stock? The required rate...

Lags can diminish the effectiveness of fiscal policy. 1. Name and describe the five types of lags.

Question:

Step by Step Answer:

1 The five types of lags include the data lag policymakers are not aware ...View the full answer

Economics

Students also viewed these Economics questions