Add to Chrome
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
In what sense is fiscal policy ineffective?
In the sense that more government spending doesn't increase people's permanent income
This isn't true, because fiscal policy is rather quite effective
In the sense that the government has no way of making money other than taxation
In the sense that it couldn't end the Great Depression
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!