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In Total,the Lags Associated with Discretionary Policy Can Extend from the Time

Question 5

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In total,the lags associated with discretionary policy can extend from the time a


A) problem occurs in the economy through the time it is recognized by the government
B) problem is recognized by the government through the time an agreed-on policy is approved
C) policy is approved through the time the policy is implemented
D) policy is implemented through the time its impact is felt in the economy
E) problem occurs in the economy through the time a corrective policy has an impact on the economy

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