The least likely explanation for why fiscal policy cannot stabilize aggregate demand completely is that: A. private

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The least likely explanation for why fiscal policy cannot stabilize aggregate demand completely is that:

A. private sector behavior changes over time.

B. policy changes are implemented very quickly.

C. fiscal policy focuses more on inflation than on unemployment.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:03 AM

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The least likely explanation for why fiscal policy cannot stabilize aggregate demand completely is that: A. private

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B is correct Fi...View the full answer

2024 CFA Program Curriculum Level I Volume 1

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