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Author Question: Policy lags mean that (Read 68 times)

elizabeth18

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on: Apr 19, 2019

Question 1

The implementation lag for fiscal policy is longer than for monetary policy because


◦ it takes longer for the Fed to act than Congress.
◦ it takes longer for Congress to act than the Fed.
◦ fiscal policy changes more quickly affect behavior than monetary policy changes.
◦ monetary policy changes more quickly affect behavior than than fiscal policy changes.

Question 2

Policy lags mean that


◦ economic policy may be inappropriate when it takes affect.
◦ economic policy will be ineffective.
◦ fiscal policy is more effective than monetary policy.
◦ monetary policy is more effective than fiscal policy.


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Marked as best answer by elizabeth18 on Apr 19, 2019

bhavsar

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Reply #1 on: Apr 19, 2019
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elizabeth18

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Reply #2 on: Apr 19, 2019
Excellent



bhavsar

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D



 

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