10.We discussed four problems (Problems of Timing, Political Consideration, Offsetting State and Local Finance, and Crowding-Out Effect) that complicate the application of fiscal policy.  A) List and thoroughly explain these problems, including how each would likely impact the overall effectiveness of fiscal policy. Be specific! Be thorough! You should list the 4 problems associated with Fiscal Policy that were listed in the slides and explain the factors associated with each. And as you address each problem, discuss how each would impact the effectiveness of fiscal policy.

Question

10.We discussed four problems (Problems of Timing, Political Consideration, Offsetting State and Local Finance, and Crowding-Out Effect) that complicate the application of fiscal policy. 

A) List and thoroughly explain these problems, including how each would likely impact the overall effectiveness of fiscal policy. Be specific! Be thorough! You should list the 4 problems associated with Fiscal Policy that were listed in the slides and explain the factors associated with each. And as you address each problem, discuss how each would impact the effectiveness of fiscal policy.

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