Telegram group: T.me/BBCNOUN [ECO727] The ______ lag may further delay fiscal policy action bureaucratic [ECO727] Non-excludability causes _______ which makes public goods unprofitable to be produced by private individuals free-ridership [ECO727] The function of distribution is best handled at the _____ level federal [ECO727] In the System of National Accounts (SNA), capital formation represents Savings out of ______ National Income [ECO727] _____ Is the study of the financial relationships between multiple levels of government fiscal federalism [ECO727] ______ in short refers to the budgetary policy Fiscal Policy [ECO727] Public goods are _______ merit wants [ECO727] To ensure optimal distribution of social goods, _______ distribution must be considered. Income [ECO727] The existence of a federal ______ is a prerequisite for the formation of a federal system. Constitution [ECO727] The features of a feasible Fiscal Council does not include _______ external reserves