Answered

All of the following are reasons why it is difficult to implement balanced fiscal policy except
difficulty of predicting future economic performance
difficulty of coordinating the needs of many different agencies
political pressures for reelection
the need for discretionary spending

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GinnyAnswer

Final answer:

Implementing balanced fiscal policy faces challenges such as predicting future economic performance, coordinating different agencies' needs, and political pressures for reelection. However, the need for discretionary spending is not a hindrance to balanced fiscal policy implementation.


Explanation:

Discretionary fiscal policy can be challenging to implement due to various reasons, such as the difficulty of predicting economic performance accurately and coordinating different agencies' needs. Political pressures for reelection can also hinder balanced fiscal policy implementation. However, the need for discretionary spending is not a reason why it is difficult to implement balanced fiscal policy.


Learn more about Discretionary fiscal policy here:

https://brainly.com/question/31438357


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