Which of the Following Pairs of Lags Are Typically Shorter

question 105

Multiple Choice

Which of the following pairs of lags are typically shorter for monetary policy than for fiscal policy?

• A)The recognition lag and the implementation lag
• B)The effectiveness lag and the decision-making lag
• C)The decision-making lag and the implementation lag
• D)The implementation lag and the effectiveness lag
• E)The recognition lag and the effectiveness lag

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Definitions:

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Minor Term

The term in a syllogism that is the subject of the conclusion.

Syllogism

a form of deductive reasoning consisting of a major premise, a minor premise, and a conclusion logically drawn from them.

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A substance consisting of two or more different elements bonded together in a fixed proportion.