Which of the Following Pairs of Lags Are Typically Shorter

question 55

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:

César Chávez

César Chávez was an influential Latino American labor leader and civil rights activist who co-founded the United Farm Workers union, striving for better working conditions for farmworkers in the United States.

Fair Treatment

The equitable and just manner in which individuals or groups are dealt with, ensuring fairness in opportunities, resources, and respect regardless of personal characteristics.

Civil Rights Organizers

Individuals or groups actively involved in the campaign for the legal and social equality of all people, particularly in the context of eliminating racial discrimination.

Felony Convictions

Legal judgments where an individual is found guilty of a felony, a serious crime traditionally punishable by death or incarceration for more than one year.