Compared to fiscal policy, monetary policy has a much shorter
A)recognition lag.
B)administrative lag.
C)operational lag.
D)effects lag.

Name: Compared to fiscal policy, monetary policy has a much shorter A)recognition lag. B)administrative lag. C)operational lag. D)effects lag.
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Question

Quizplus · Accepted Answer

Monetary policy has a shorter administrative lag because central banks can implement changes more quickly than the legislative process required for fiscal policy changes.

Compared to Fiscal Policy, Monetary Policy Has a Much Shorter