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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 49
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) The impact lag of monetary policy is considerably shorter than the impact lag of fiscal policy.
B) The recognition lag of monetary policy is often shorter than the recognition lag of fiscal policy.
C) The impact lag of monetary policy is anywhere from three to six months.
D) The level of corporate investment is very responsive to even slight changes in the interest rate.
A) The impact lag of monetary policy is considerably shorter than the impact lag of fiscal policy.
B) The recognition lag of monetary policy is often shorter than the recognition lag of fiscal policy.
C) The impact lag of monetary policy is anywhere from three to six months.
D) The level of corporate investment is very responsive to even slight changes in the interest rate.
Explanation
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Recognition lag represents the time that...
Macroeconomics 11th Edition by Stephen Slavin
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