Lags are the amount of time between an economic change and the impact of a policy response.
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Q22: Demand-pull inflation can set off accommodative monetary
Q23: If the monetary policymaker keeps trying to
Q24: Legislative lags are more of a problem
Q25: When output is above the natural rate,
Q26: Deflation would cause currency appreciation, .
Q28: The uncertain effects of bond purchases and
Q29: Governments with low budget deficits and independent
Q30: Zimbabwe experienced hyperinflation in 2008.
Q31: An increase in the money supply does
Q32: An independent central bank is less likely
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