What Is the Difference Between Inside Lags and Outside Lags

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The Answer is Inside lags are the time it takes to formulate policy. For fiscal policy, it is the time between when a problem occurs in the economy and the time when that a policy is implemented.
Outside lags are the time it takes for the policy to work. It occurs between the time when a policy has been implemented and the time when aggregate demand and GDP increases.

What Is the Difference Between Inside Lags and Outside Lags

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