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state and local governments deciding to make spending cuts during a recession

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What is an example of the time lag disadvantage of fiscal policies?

state and local governments deciding to make spending cuts during a recession


Disadvantages of space science education?

There are many disadvantages to space science education. For example, it takes time away from teaching other aspects of science.


What are the disadvantages of being self employed?

you are in charge for every thing.for example :you are responsible for others , you have to paid them on time .you can go to bankrupt.


What is the time period a budget usually covers?

a fiscal year


What period of time is the income statement?

Income statement can be made for any period of time but normally it is one fiscal year and all expenses and incomes related to that fiscal period is shown.


What are the three elements of Fiscal Law?

Purpose, Time, Amount (PTA)


What is the significance of the business cycle in economics?

The business cycle is important in economics because it shows the fluctuations in economic activity over time. It helps economists and policymakers understand the patterns of growth and recession in an economy, which can inform decisions on monetary and fiscal policies to stabilize the economy.


Some advantages and disadvantages of abservation?

disadvantages wastes alot of time since you will have watch for a long time


Does fiscal or monetary policy influence real GDP?

Both fiscal and monetary policy can affect real GDP, due to time-lag in wage and price adjustments. In general, however, fiscal policy has a much more direct effect on real GDP.


What are the disadvantages and disadvantages for solar energy?

it is environment friendly. But, the solar cells need service and repair time to time


When did the fiscal year for the us government begin and end?

In the United States, the fiscal process of the federal government begins each February with the president sending to Congress a proposed federal budget for the coming fiscal year, which begins in October.


What is the most common time period covered by an accounting report called?

fiscal year