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    Principles of Economics Study Set 11
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    Exam 29: Fiscal Policy
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    It Is Difficult to Determine When the Economy Is Turning
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It Is Difficult to Determine When the Economy Is Turning

Question 136

Question 136

Multiple Choice

It is difficult to determine when the economy is turning up or down.This is because there is a(n) ________ lag.


A) recognition
B) implementation
C) impact
D) countercyclical
E) automatic

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