The Implementation Lag Is _____ for Fiscal Than for Monetary

Multiple Choice

The implementation lag is _____ for fiscal than for monetary policy; the lag before the effects of monetary policy on real output and unemployment is ____ than for its effects on real output and unemployment:

A) ​Longer, long and variable
B) ​Longer; relatively short and predictable
C) ​Shorter; long and variable.
D) ​Shorter; relatively short and predictable