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pickupchik [31]
3 years ago
5

Suppose economic conditions call for a tax increase but Congress does not implement this measure because an election is approach

ing. This is an example of which of the real-world problems associated with fiscal policy?
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer:

Implementation lag

Explanation:

there are four types of lags associated with fiscal policy

Administrative lag is the time it takes to enact the needed policies. Operational lag is the time it takes for the policy to be enacted to the time the effects are felt in the economy

Recognition lag is the amount of time it takes for authorities to recognise a problem in the economy that needs fiscal policy intervention.

Implementation lag is the amount of time it takes for fiscal policy decisions to be implemented.

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Answer and Explanation:

c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.

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Answer:

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Which of the following is a compound sentence?
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6 0
3 years ago
What is the first step in the feedback control system?
ra1l [238]

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The first step in the positive feedback loop is the stimulation that sets off the loop in order to complete a process.

8 0
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U.S. demand for Japanese products creates a​ ________ U.S. dollars and a​ ________ Japanese yen in the foreign exchange market.
crimeas [40]

Answer:

The correct answer is option C.

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US demand for Japanese products will create a supply of US dollars and demand for Japanese yen in the foreign exchange market.

This is because when the US consumers purchase Japanese products they need to pay in Japanese yen, so they will exchange US dollars for Japanese yen. Consequently, this will lead to an increase in the supply of US dollars and a demand for Japanese yen.

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