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Briefly state and evaluate the problem of time lags in enacting and applying fiscal policy. How main "politics “complicate fiscal policy? How might expectations of a near term policy reversal weaken fiscal policy based on changes in tax rates? What is the crowding out effect, and why might it be relevant to fiscal policy?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91234578

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