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Author Question: The implementation lag of monetary policy is longer than that of fiscal policy because Congress can ... (Read 227 times)

dejastew

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Question 1

The time it takes policy makers to see that the economy is going into a recession or an inflation is known as the recognition lag.


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Question 2

The implementation lag of monetary policy is longer than that of fiscal policy because Congress can act more quickly then the Fed.


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Marked as best answer by dejastew on Apr 19, 2019

dlook33

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