The Impact Lag Facing the Fed Is

question 58

Multiple Choice

The impact lag facing the Fed is

• A)the delay before open market operations are able to affect the monetary base.
• B)the delay before the Fed's announcement of a new policy has an impact on the decisions of the public.
• C)the time required for monetary policy changes to affect output, employment, and prices.
• D)the delay before the impact of a recession on output and prices becomes clear to the Fed.

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