One major limitation of fiscal policy is:

CA Foundation · Business Economics · MTP · September 2026
One major limitation of fiscal policy is:
(A) A. Absence of borrowing options
(B) B. Difficulty of cutting government salaries
(C) C. Implementation lags
(D) D. Volatility of currency

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Implementation lags

Topics: Public Finance

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