A number of significant problems may arise in enacting and applying fiscal policy such as:
problems of timing
future policy reversals
offsetting state and local finance
Timing issues include recognition lag, ad
What major advantages of corporations have given rise to their dominance as form of
business organization? Fully support your position in at least 200 words. Respond to at
least three of your classmates postings.
What happens to net personal income when the government raises taxes? When
the government lowers taxes?
How is GDP affected by higher taxes? Lower taxes?
What other economic factors are affected when taxes are raised or lowered,
and how are they affected