Compared with monetary policy,fiscal policy generally involves a shorter implementation lag.

Name: Compared with monetary policy,fiscal policy generally involves a shorter implementation lag.
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Fiscal policy typically involves a longer implementation lag than monetary policy. This is because fiscal policy involves passing legislation, which can take time and involve political negotiations, whereas monetary policy can be implemented more quickly through operational tools used by central banks.

Compared with Monetary Policy,fiscal Policy Generally Involves a Shorter Implementation