Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 3 of 11
Which of the following is a timing problem associated with discretionary fiscal policy?
II. Enacting the appropriate enabling legislation
III. Initiating a change in aggregate demand
I. Recognizing the existence of a macroeconomic problem
II. Enacting the appropriate enabling legislation
III. Initiating a change in aggregate demand
User Contributed Comments 3
User | Comment |
---|---|
danlan | Three are all timing problems. |
YOUCANDOIT | I) Recognition Lag II) Action Lag III) Impact Lag |
khalifa92 | high ping |

I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.

Edward Liu
Learning Outcome Statements
explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary
CFA® 2025 Level I Curriculum, Volume 1, Module 3.