Business, 20.12.2019 00:31 famouzgal

Fiscal policy is more effective in affecting economic activity if:

a) many resources are unemployed.
b) there is a real shock instead of an aggregate demand shock.
c) the economy returns to its long-run potential growth rate almost immediately.
d) there is a long implementation lag.

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Fiscal policy is more effective in affecting economic activity if:

a) many resources a...