- CFA Exams
- CFA Level I Exam
- Study Session 5. Economics (2)
- Reading 16. Monetary and Fiscal Policy
- Subject 8. Active and Discretionary Fiscal Policy
CFA Practice Question
Because of the timing lags involved, fiscal policy can be ______.
A. Timing lags do not affect discretionary fiscal policy.
B. destabilizing
C. more effective
Explanation: Timing lags will tend to make discretionary fiscal policy destabilizing.
User Contributed Comments 0
You need to log in first to add your comment.