AP Macroeconomics Question 154: Answer and Explanation

Test Information

Use your browser's back button to return to your test results.

Question: 154

8. Use the following three responses to answer the question: Fiscal policy is not always effective because of

I. crowding out.

II. rational expectations.

III. the balanced budget amendment.

  • A. I only
  • B. II only
  • C. II and III
  • D. I and II
  • E. I, II, and III

Correct Answer: D

Explanation:

(D)