The delay between when a problem is recognized and when policy action is taken is referred to as the
A) recognition lag.
B) action lag.
C) effectiveness lag.
D) policy lag.
B
Economics
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The demand for labor schedule is the same as ________
A) real wage line B) supply of labor schedule C) the minimum wage rate in that economy D) the marginal product of labor schedule
Economics
In today's Fed, its primary strategy is to
a. target the federal funds rate in the short-run, target inflation in the long-run. b. target inflation c. target the money supply. d. target the federal funds rate in the short-run, balance inflation and output goals in the long-run.
Economics