poorly phrased econ question

CFA Level I
#21

Or did you take some econ lesson? :wink:

#22

Yeap.

#23

to clarify further: > C. Expansive fiscal policy always reduces unemployment. Not when the policy is anticipated. This is why this one is wrong.

#24

Dreary Wrote: ------------------------------------------------------- > to clarify further: > > C. Expansive fiscal policy always reduces > unemployment. > > Not when the policy is anticipated. This is why > this one is wrong. for example

#25

Dreary Wrote: ------------------------------------------------------- > not when it’s anticipated. > > But again A is wrong and B is correct only if you > make the wrong assumption that you can achieve > PPD. why do you think that A is wrong?

#26

Looking at the topic heading – is there any other kind??? (ECON is my bugaboo all time, every time). CP