Answer:
in the time it takes to identify the situation, enact a policy, and allow it to work, economic circumstances may have changed.
Explanation:
Fiscal policies would be specifically designed to address one particular economic condition.
When there are time lags in enacting and applying fiscal policy,the economic condition in the country could also be changed. Because of this, by the time the policies are enacted, they are no longer suitable to solve the problem that arise on the current economic condition.
The correct answer is C.
In a market economy, economic outcomes are determined by the free interactions of economic agents (households, corporations and public sector) in the markets, where they act either as producers or consumers, defining with their choices (production or<u> purchase choices, respectively), the prices and the quantities exchanged of every good and service. </u>
I'm taking the quiz rn, did you happen to figure it out? thx
Answer:
The European Union (EU)
The EU is the world's largest trading bloc, and second largest economy, after the USA. ... The five largest Economies, Germany, France, the United Kingdom, Italy and Spain, account for around 70% of the 28-country trading bloc.
Explanation:
