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    Principles of Macroeconomics Study Set 12
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    Exam 14: Financial Crises, Stabilization, and Deficits
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    The Implementation Lag of Monetary Policy Is Longer Than That
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The Implementation Lag of Monetary Policy Is Longer Than That

Question 138

Question 138

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The implementation lag of monetary policy is longer than that of fiscal policy because Congress can act more quickly then the Fed.

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