The inside lag is the time between:
A) observing a shock and countering it.
B) taking an action and observing its effect.
C) short-term and long-term goals.
D) taking an action and determining future long-term goals
Answer: A) observing a shock and countering it.
Economics
You might also like to view...
If nominal GDP is $230 for a period and real GDP is $200 for the same period, what is the GDP deflator for this period?
What will be an ideal response?
Economics
Keynesians believe ________
A) that economies move quickly to their long run equilibrium levels B) that the government should pursue active policies to stabilize economic fluctuations C) that the long run is more important than short-run fluctuations D) all of the above E) none of the above
Economics