Policymakers may be better able to achieve their goals using a fixed policy rule rather than using discretion if they face the problem of: short and predictable outside lags. O short and predictable inside lags. O weak autonatic stabilizers. O time-inconsistent policy.

Policymakers may be better able to achieve their goals using a fixed policy rule rather than using discretion if they face the problem of: short and predictable outside lags. O short and predictable inside lags. O weak autonatic stabilizers. O time-inconsistent policy.

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter12: Fiscal Policy, Incentives, And Secondary Effects

Section: Chapter Questions

Problem 13CQ

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answer within 10minutes with short eplanation. answer must be 100% corect.

Policymakers may be better able to achieve their goals using a fixed policy rule rather
than using discretion if they face the problem of:
short and predictable outside lags.
Oshort and predictable inside lags.
O weak autoratic stabilizers.
time-inconsistent policy.

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