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What are the various time lags that affect discretionary fiscal policy, and what are their effects?
Social Interaction
The dynamic process by which people relate to and influence each other through communication and behavioral exchanges.
Innate Behaviors
Instinctive actions or responses that organisms are born with, which do not require learning or experience.
Learned Behaviors
Behaviors acquired through interaction with the environment and experience.
Proximate Causes
Near direct reasons that explain the mechanisms of biological actions or behaviors in organisms.
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