According to Baumol and Blinder, the Lag Between the Time

question 165

Multiple Choice

According to Baumol and Blinder, the lag between the time a policy is implemented and the time it affects aggregate demand is

• A)longer for fiscal policy than monetary policy.
• B)longer for monetary policy than fiscal policy.
• C)approximately equal for both.
• D)influenced mainly by the size of the multiplier.

---

Definitions:

DDT

Dichlorodiphenyltrichloroethane, a synthetic pesticide once widely used but now banned in many countries due to its environmental persistence and toxicity.

Weight Differences

Variation in weight among individuals or objects, attributable to differences in mass, density, or volume.

Temperature

A measure of the thermal energy of a system or environment, indicating how hot or cold something is, typically measured in degrees Celsius (°C), Kelvin (K), or Fahrenheit (°F).

Bioinformatics

The application of computer technology to the management of biological information, particularly in the fields of genetics and genomics.