What are the two basic reasons inside lags occur?
What will be an ideal response?
Inside lags occur because it takes time for policy makers to identify and recognize a problem in the economy, and once the problem has been recognized it takes more time for policy makers to take corrective actions.
Economics
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If the Japanese government enters the foreign exchange market and sells yen to maintain a specific exchange rate with the dollar, the dollar will ________ and the yen will ________
A) depreciate; depreciate B) depreciate; appreciate C) appreciate; depreciate D) appreciate; appreciate
Economics
Growth in the United States from 1800 to 1900 can be characterized as
A) positive and increasing. B) negative. C) positive and flat. D) positive and decreasing.
Economics