The operational lag of fiscal policy refers to the time that elapses between the beginning of a recession or inflation and the certain awareness that it is actually happening.
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Q99: A contractionary fiscal policy shifts the aggregate
Q100: Expansionary fiscal policy is so named because
Q103: Tax increases and government spending cuts by
Q105: When the Federal government uses taxation and
Q106: The public debt is the accumulation of
Q107: The actual budget may be in deficit
Q108: When the Federal government takes budgetary action
Q109: The United States has experienced both budget
Q163: Fiscal policy is mainly undertaken by the
Q169: The public debt is held as Treasury
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