The lags of monetary and fiscal policy imply that government stabilization policy is likely to be optimal.
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Q183: If the Fed buys U.S. Treasury bills
Q184: Monetary policy has an equal implementation lag
Q185: The multiplier means that the response to
Q186: The implementation lag for fiscal policy tends
Q187: Because the Fed can react to changes
Q189: During periods of _ growth and inflationary
Q190: If the U.S. Treasury is forced to
Q191: The time it takes a change in
Q192: If the economy is in a boom,
Q193: The time it takes policy makers to
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