When fiscal policy is used, time lags are variable and last anywhere from

A. one to three weeks.
B. one to three years.
C. one to three months.
D. one to three decades.

Answer: B

Economics

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In the figure above, suppose a subsidy is provided to private colleges. What amount of subsidy will ensure the efficient number of students?

A) $10,000 B) $25,000 C) $15,000 D) $5,000 E) $20,000

Economics

A(n) ________ is represented by a leftward shift of the demand curve while a(n) ________ is represented by a movement along a given demand curve

A) increase in demand; decrease in quantity demanded B) decrease in demand; increase in demand C) decrease in demand; increase in quantity demanded D) decrease in quantity demanded; decrease in demand

Economics