A significant lag for monetary policy is the time it takes to for a change in the money supply to change the economy. A significant lag for fiscal policy is the time it takes to pass legislation authorizing it
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
The table above gives the demand for a monopolist's output. What is the total revenue when 3 units of output are produced?
A) $21 B) $20 C) $18 D) $6
Economics
According to Keynes' fixed money wage theory, when the price level is higher than expected the real wage is ____ than expected and unemployment is ______ than expected
a. lower; lower b. higher, higher c. lower; higher d. higher; lower
Economics