4. What are the types of time lags that can occur when
implementing fiscal policy? When...
4. What are the types of time lags that can occur when
implementing fiscal policy? When Congress recently kept delaying
the passing of the Coronavirus stimulus package, what specific type
of time lag was occurring and why?
Briefly discuss the effects of time lags in relation to fiscal
policy, including: a comparison to monetary policy, what the level
of fiscal policy will be, and its effect on fiscal policy during
recession
Which of the following time lags creates the biggest problem for
fiscal policy?
a. impact lag
b. recognition lag
c. data lag
d. legislative lag
Which of the following time lags creates the biggest problem for
monetary policy?
a. impact lag
b.legislative lag
c. recognition lag
d. effectiveness lag
Explain the impact of the time lags associated with
discretionary fiscal policy. Which do you think is the most
important? Do you think fiscal policy may be easier to operate
during an inflation or a recession? Explain.
Consider what causes the lags in the effect of monetary and
fiscal policy on aggregate demand. What are the implications of
these lags for the debate over active versus passive policy?
How is Fiscal Policy financed?
What are the tools used in implementing Fiscal policy?
Each question must be 250 words and nonplagarized materials
please
1. Address the inside and outside lags associated with fiscal
and monetary policy. If one policy suffers more significant lags,
why use it? (3)
2. Read "Did the Fed Cause the Great Recession?" (Pages
454-455). Provide your thoughts on this historical downturn in our
economy. Distinguish the culprit(s). How is the banking crisis a
strong case for moral hazard? (3)