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Author Question: The multiplier means that the response to fiscal policy is completed immediately. (Read 14 times)

daltonest1984

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Question 1

Because the Fed can react to changes in the economy much more quickly than can Congress, time lags exist for fiscal policy but not for monetary policy.


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Question 2

The multiplier means that the response to fiscal policy is completed immediately.


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Marked as best answer by daltonest1984 on Apr 19, 2019

shailee

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shailee

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