Suppose the economy of Catalania is experiencing a recession and policy makers decide to implement an expansionary monetary policy. After the implementation of the policy, there is a considerable time gap before the effect of the policy on the major economic variables is noticed. This is an example of:
a. the neutrality of money.
b. an inflationary gap
c. an administrative lag.
d. an operational lag.
d
Economics
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Economists say that long-run economic growth is almost entirely due to:
A. rising productivity. B. population growth. C. a democratically elected government. D. a balanced budget.
Economics
Business structure has remained relatively stable over the history of American business
Indicate whether the statement is true or false
Economics