The Lags Involved in Implementing Monetary and Fiscal Policy Are

question 90

Multiple Choice

The lags involved in implementing monetary and fiscal policy are:

• A) short and predictable.
• B) long and predictable.
• C) short and variable.
• D) long and variable.

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Definitions:

Reasonable Period

An amount of time which is fairly or sensibly expected under the circumstances for a specific action or response.

Condition

A specific requirement or stipulation in an agreement or contract that must be met for the full agreement to be binding and effective.

Time for Performance

Time for Performance denotes the specific period within which a party to a contract is required to fulfill its obligations as stipulated in the agreement.

Court

A governmental institution authorized to resolve legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.