Suppose that the president of a small island nation has decided to increase government spending by constructing three beach resorts to attract tourists. The legislation was enacted without any delay. From here, planning will take 6 months and construction will take 2 months. Which of the following is true? Choose one: A. This policy is contractionary. B. The Laffer curve would be used to recommend this policy. C. The planning and construction of the resorts represent a recognition lag of this policy. D. This policy shows an example of automatic stabilizers taking effect. E. The planning and construction of the resorts represent an impact lag of this policy.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that the president of a small island nation has decided to increase government spending by constructing three beach resorts to ...” in 📘 Engineering if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A single crystal of zinc is oriented for a tensile test such that its slip plane normal makes an angle of 65 degree with the tensile axis. Three possible slip directions make angles of 30 degree, 48 degree, and 78 degree with the same tensile axis.
Answers (1)
A heat exchanger operates at steady state, and both flows through the exchanger are isobaric. Water flows through one side of the heat exchanger at 20 bar. The inlet temperature of the water is 280 Celsius. The outlet is saturated liquid.
Answers (1)
What do you understand by the term redundant work?
Answers (1)
What is the nickname for nigeria
Answers (2)
The primary difference between integrated/concurrent engineering development and functional/sequential development is: Integrated development spends more money up front to order to save money in later stages.
Answers (1)
New Questions in Engineering
How many watts of power are used in a circuit with a 1.5V battery drawiing 410 mA?
Answers (1)
Brian is responsible for ordering cement for a construction project. He had just determined that the construction crew would need 540 cubic yards of cement when the building owner decided to shorten the driveway, eliminating the need for 44 cubic
Answers (2)
Dave is a recruiter for a very large graphic design firm and he is looking for an employee who is willing to give the entire productive hours to activities related to the job. Which quality is he looking for?
Answers (2)
Which of the following is a common use for commas? Separating two elements Separating unrelated adjectives Connecting two independent clauses Connecting two dependent clauses
Answers (2)
Which component stores energy as potential energy in a mechanical system?
Answers (1)