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    Macroeconomics Study Set 12
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    Exam 14: The Goals, tools, and Rules of Monetary Policy
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    The Major Difference in the Efficacy of Monetary Policy Relative
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The Major Difference in the Efficacy of Monetary Policy Relative

Question 69

Question 69

Multiple Choice

The major difference in the efficacy of monetary policy relative to fiscal policy is


A) the longer recognition lag for fiscal policy.
B) the shorter recognition lag for fiscal policy.
C) the longer legislative lag for fiscal policy.
D) the longer data lag for fiscal policy.

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