Limits of fiscal policy include
difficulty of changing spending levels, predicting the future, delayed
results, political pressures, and coordinating fiscal policy.
The correct answer is C): The United States elected its first African American president.
The U.S presidential election took place on November 4.
Senator Barack Obama was part of the Democratic Party and won the elections against Senator John McCain who belonged to the Republican Party.
Obama and vice-president Joe Biden won the election with the most significant voter turnout rate in decades. Nevertheless, the most outstanding outcome of this election is that Senator Obama was the very first African American in the whole story to be elected as U.S president.
