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Question and answer
Q: Growing up in a different era can affect how an economist views economic policy.
A: Every era has its own demands and the policies are created according to them. An economist from the 17th century may not look at crude oil so keenly as the economist of today
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Original conversation
User: Growing up in a different era can affect how an economist views economic policy.

Weegy: Every era has its own demands and the policies are created according to them. An economist from the 17th century may not look at crude oil so keenly as the economist of today
uxiali|Points 1567|

User: The use of discretionary fiscal policy has declined for all of the following reasons EXCEPT a. the relatively short duration of recessions. b. government gridlock. c. Congressional budget caps have limited federal spending. d. the government usually knows of upcoming recessions far in advance.

Weegy: The use of discretionary fiscal policy has declined for all of the following reasons EXCEPT D) The government usually knows of upcoming recessions far in advance.
jher000|Points 8061|

User: Which of the following best describes recognition lag? a. The time it takes to implement a policy once a problem has been identified. b. The time between the beginning of an economic event, such as a recession, and when it has been realized by economists. c. The idea that recessions are short, so by the time a policy is created the recession has ended. d. The time between when a person becomes unemployed and when their unemployment insurance begins.

Weegy: The time it takes to implement a policy once a problem has been identified.
jeifunk|Points 9831|

User: Which of the following policies would reflect a monetarist point of view? a. A policy that is beneficial in the long term but not short term. b. A policy that is beneficial in the short term but not long term. c. A policy that is beneficial in both long term and short term. d. A policy that is not beneficial at all

Weegy: The following policy that would reflect a monetarist point of view is C. A policy that is beneficial in both long term and short term. source:
innersource|Points 7285|

User: All of the following are examples of automatic stabilizers EXCEPT: a. personal paycheck c. social security b. unemployment insurance d. progressive individual income tax

Weegy: Social Security is not an examples of automatic stabilizers. - -
vanilla2bean|Points 4163|

User: Which of the following is a social cost of economic instability? a. wasted resources c. economic growth b. inflation d. full employment

User: Stagflation: a. occurs every ten to fifteen years. c. is defined as stagnant growth combined with deflation. b. only occurs at full employment. d. is defined as stagnant growth combined with inflation.

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Asked 6/1/2013 11:04:17 AM
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