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Author Question: Refer to the information provided in Figure 29.1 below to answer the question(s) that follow. Refer ... (Read 12 times)

Kthamas

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Question 1

The implementation lag of stabilization policy represents


◦ the time that is necessary to put the desired policy into effect once economists and policy makers recognize the need.
◦ the time needed for the economy to adjust to new conditions after new policies are introduced.
◦ the time needed for the Federal Reserve to meet.
◦ the time that is needed for policy makers to recognize the need to do something.

Question 2

Refer to the information provided in Figure 29.1 below to answer the question(s) that follow.








Refer to Figure 29.1. If the economy is actually at Point 
C but policy makers think that it is still at Point 
B, this is an example of


◦ economic policies ineffectiveness.
◦ recognition lag.
◦ implementation lag.
◦ response lag.


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Marked as best answer by Kthamas on Apr 19, 2019

vboyd24

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Kthamas

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Reply 2 on: Apr 19, 2019
Gracias!


phuda

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Reply 3 on: Yesterday
:D TYSM

 

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