The response lag of stabilization policy represents ?

Fiscal And Monetary Policy 05/06/2020

A. the time that it takes for policy makers to recognize the existence of boom of bust
B. the time needed for parliament to agree to a tax cut.
C. the time that is necessary to put the desired policy into effect
D. the time that it takes for the economy to adjust to the new conditions after a new policy has been implemented

Related Mcqs:

    Fiscal drag occurs when ?
    A. Tax bands do not increase with inflation B. Tax rates move inversely with inflation C. Government spending falls to reduce aggregate demand D. Tax banks increase with inflation...
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    A. Rs 50000 B. 20% C. 25% D. Rs 10000...
    The marginal rate of tax paid is ?
    A. The total tax paid / total income B. Total income / total tax paid C. Change in the tax paid / change in income D. Change in income / change in tax paid...
    If the marginal rate of tax is 40% and consumers income increase from Rs10,000 to Rs12,000 ?
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    If the economy grows the government’s budget position will automatically ?
    A. worsen B. Improve C. Stay the same D. Increase with inflation...

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