Multiple Choice
An impact lag refers to the time required to:
A) gather enough data to indicate the beginning of an economic downturn.
B) bring about an actual fiscal stimulus desired.
C) analyze the importance of a stable policy tool.
D) identify an appropriate policy and get it approved by Congress.
E) determine an appropriate policy during an economic downturn.
Correct Answer:
Verified
Correct Answer:
Verified
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