Multiple Choice
Gordon's plots of the effectiveness lags of monetary policy over the periods 1961-1975,1976-1990,and 1991-2007 show the effectiveness lags have become ________ and the overall response of GDP to monetary policy has ________.
A) shorter,decreased
B) shorter,increased
C) longer,decreased
D) longer,increased
Correct Answer:
Verified
Correct Answer:
Verified
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