There are several time lags involved when fiscal policy is applied. The first hurdle faced by a government is A. recognizing that the economy is facing a problem that could be solved by applying fiscal policy. B. the time it takes for the policy to have an effect on the economy. C. the time it takes Congress to decide upon the type of fiscal policy to be used. D. the time it takes Congress to pass the bill to enact the fiscal policy.

In allentown, pennsylvania, in the summer of 2014, the average price of a gallon of gasoline was $3.68long dasha 22-cent increase from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as saying, "it's crazy. the government should step in." source: sam kennedy, "valley feeling pain at the pump," (allentown, pa) morning call, june 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of $3.46 per gallon. a. using the line drawing tool, draw and label the price ceiling. carefully follow the instructions above, and only draw the required object.

Aminor has the legal right to repudiate

In the fall of 2008, aig, the largest insurance company in the world at the time, was at risk of defaulting due to the severity of the global financial crisis. as a result, the u.s. government stepped in to support aig with large capital injections and an ownership stake. how would this affect, if at all, the yield and risk premium on aig corporate debt?