The principal lag for monetary policy
a. and fiscal policy is the time it takes to implement policy.
b. and fiscal policy is the time it takes for policy to change spending.
c. is the time it takes to implement policy. The principal lag for fiscal policy is the time it takes for policy to change spending.
d. is the time it takes for policy to change spending. The principal lag for fiscal policy is the time it takes to implement it.
d
Economics
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If the government decides to levy an ad valorem tax on product with a perfectly inelastic supply. The consumers tax incidence will be
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Lyndon Johnson’s “War on Poverty” started in the 1980s.
Answer the following statement true (T) or false (F)
Economics