Business, 18.11.2019 18:31 aylineorozco836

Suppose that the president of a small island nation has decided to increase government spending by constructing three beach resorts to attract tourists. the legislation was enacted without any delay. from here, planning will take 6 months and construction will take 2 months.
which of the following is true?
choose one:
a. the planning and building of the libraries represent an impact lag of this policy
b. the laffer curve would be used to recommend this policy.
c. the planning and building of the libraries represent a recognition lag of this policy
d. this policy is contractionary.
e. this policy shows an example of automatic stabilizers taking effect.

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Suppose that the president of a small island nation has decided to increase government spending by c...

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