Multiple Choice
Stabilization policy is affected by inside lags, which are
A) longer for monetary policy than for fiscal policy
B) made up of the recognition, decision, and discretionary lags
C) made up of the recognition, decision, and action lags
D) the length of time it takes for a policy to affect the economy after its implementation
E) caused by bureaucrats inside the government
Correct Answer:
Verified
Correct Answer:
Verified
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