Which is NOT a lag associated with fiscal policy?
A) the time it takes to implement a policy once it's decided
B) the time to collect the data to assess the condition of the economy
C) the time it takes to assess whether the policy has worked
D) the time it takes to assess whether to use fiscal or monetary policy

Question

Quizplus · Accepted Answer

The lag associated with deciding whether to use fiscal or monetary policy is not a lag associated with fiscal policy specifically. It is a decision-making process that may involve both fiscal and monetary policy. The lags associated with fiscal policy specifically are A, B, and C, as they all involve the time it takes to implement and assess the effectiveness of fiscal policy measures.

Which Is NOT a Lag Associated with Fiscal Policy