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
What are some of the factors that affect the fluidity of a molten metal during pouring into a mold cavity?
Answers (1)
Determine the amount of gamma and alpha phases in a 10-kg, 1060 steel casting as it is being cooled to the following temperatures: (a) 900°C; (b) 728°C; and (c) 726°C.
Answers (1)
In the 5 Code of Federal Regulations (C. F. R.), it is recommended that an individual has security awareness training before s/he can access information. The C. F.
Answers (2)
Define and discuss the difference between micronutrients and macronutrients. Also, discuss their importance in the body at rest and during exercise.
Answers (1)
Indicate whether the following statements are true or false for a reversible isothermal process: (A) Q=T (∆S). (B) ∆U=0. (C) The entropy change of the system is always zero. (D) The total entropy change of the system and the surroundings is zero.
Answers (1)
New Questions in Engineering
Just getting to your class is enough for showing up. A) True B) False
Answers (2)
A completely reversible heat pump produces heat at a rate of 100 kW to warm a house maintained at 25℃. The exterior air, which is at 0℃, serves as the source.
Answers (1)
A closed system undergoes a process in which work is done on the system and the heat transfer Q occurs only at temperature Tb. For each case, determine whether the entropy change of the system is positive, negative, zero, or indeterminate.
Answers (1)
A scientist who is evaluating an ancient human skeleton for signs of vitamin and nutrient deficiency is conducting:
Answers (1)
Which of the following is required in order to make a protected left turn A. A left green arrow B. No oncoming traffic C. A left turn only lane D. A large enough gap
Answers (1)