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    Financial System and the Economy Principles
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    Exam 24: The Process of Monetary Policy Formation
  5. Question
    The __________ Refers to the Time It Takes Policymakers to Realize
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The __________ Refers to the Time It Takes Policymakers to Realize

Question 9

Question 9

Multiple Choice

The __________ refers to the time it takes policymakers to realize that a change in the economy's performance has occurred.


A) impact lag
B) policy lag
C) recognition lag
D) operating lag

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