Problem of time lags in enacting and applying fiscal policy
In brief state and evaluate the problem of time lags in enacting & applying fiscal policy.
Expert
This takes time to ascertain the direction wherein the economy is moving (recognition lag), to obtain a fiscal policy enacted into law (administrative lag); and for the policy to have its full influence on the economy (operational lag). In the meantime, other factors may change, rendering inappropriate a specific fiscal policy. Nevertheless, discretionary fiscal policy is a valued tool in preventing severe recession or severe demand-pull inflation.
Feeder Funds: For lawful basis accounting purposes, funds into which some taxes or fees are deposited on collection. In some situations administrative costs, collection expenses, and refunds are paid. The balance of such funds is transferable at any t
Normal 0 false false
Bill: It is a draft of proposed law represented to the Legislature for performance. (A bill has bigger legal formality and standing than a resolution.) OR An invoice, or document statement, of an amount owing for s
Legislative Information System (LIS): An on-line system formed and employed by the Department of Finance to maintain existing information regarding all bills introduced in the Assembly and Senate for the current 2-year session, and fo
Provide three examples of mutually exclusive projects. Mutually exclusive projects are projects which compete against each other for our selection. If firm were considering the purchase of new computer, requiring only one computer, then the pro
Audit: Usually a review of financial statements or performance activity (like an agency or program) to establish conformity or compliance with the applicable laws, regulations, and/or standards. The state has three central association
Compare and make mutual and stockholder-owned savings and associations of loan. Some savings and loan associations are owned through stockholders, just as commercial banks and other corporations are owned through their stockholders. Other
18,76,764
1924461 Asked
3,689
Active Tutors
1457932
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!