The Information Lag Facing the Fed Is

question 1

Multiple Choice

The information lag facing the Fed is

• A) the difficulty of becoming informed quickly of changes in public opinion about which policy goal is most important.
• B) the delay in receiving accurate information about the state of the economy.
• C) the delay in Congress and the president communicating their policy goals for the Fed to act on.
• D) the time required for monetary policy changes to affect output, employment, and prices.

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Definitions:

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