In General,the Longest Lag for

question 38

Multiple Choice

In general,the longest lag for

• A)both fiscal and monetary policy is the time it takes to change policy.
• B)both fiscal and monetary policy is the time it takes for policy to affect aggregate demand.
• C)monetary policy is the time it takes to change policy,while for fiscal policy the longest lag is the time it takes for policy to affect aggregate demand.
• D)fiscal policy is the time it takes to change policy,while for monetary policy the longest lag is the time it takes for policy to affect aggregate demand.

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Definitions:

Mammary Glands

Special organs in female mammals designed for producing milk to nourish their offspring.

Milk

A nutrient-rich liquid produced by the mammary glands of mammals, serving as the primary source of nutrition for their young.

Sebaceous Glands

Glands in the skin that secrete an oily substance called sebum, which lubricates skin and hair.

Vulva

The external female genital organs, including the labia majora, labia minora, clitoris, and the vaginal opening.