With Lags in Monetary Policy,an Effective Expansionary Policy Must Be

question 32

Multiple Choice

With lags in monetary policy,an effective expansionary policy must be initiated many months ________ the start of the economic downturn it is intended to moderate,and this requires ________ economic forecasts.

• A)before,generating accurate
• B)before,ignoring
• C)after,generating accurate
• D)after,ignoring