What is meant by the term "outside lags"?
What will be an ideal response?
Outside lags refers to the time it takes for a stabilization policy to have an affect on an economy.
Economics
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Income inequality is greater within nations than among nations
a. True b. False Indicate whether the statement is true or false
Economics
Which one of the following is NOT a government failure?
A. The "bridge to nowhere" in Alaska B. The FEMA reaction to Hurricane Katrina C. Allowing federal budget deficits to be financed by foreigners while calling for further tax cuts to help incumbent politicians get reelected D. Water pollution
Economics