It takes time for the complete effects of monetary and fiscal policy to materialize.This is because there is ___________ between setting fiscal policy and seeing its effects.
A) a recognition lag
B) an implementation lag
C) an impact lag
D) a countercyclical lag
E) an automatic lag
Correct Answer:
Verified
Q47: An implementation lag happens because
A) it is
Q64: It is difficult to determine when the
Q64: If the effects of contractionary fiscal policy
Q67: Crowding-out occurs when
A) supply-side fiscal policy does
Q69: _ is an example of an automatic
Q70: The "crowding-out" critique is based on the
Q70: Complete crowding-out is when:
A) every dollar of
Q74: Automatic stabilizers
A) are government programs that automatically
Q76: If lags cause the effects of fiscal
Q78: Progressive tax rates,taxes on corporate profits,unemployment compensation,and
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