Examlex

Solved

A Significant Lag for Monetary Policy Is the Time It

question 178

True/False

A significant lag for monetary policy is the time it takes to for a change in the money supply to change the economy. A significant lag for fiscal policy is the time it takes to pass legislation authorizing it.


Definitions:

Bloom's Taxonomy

A classification system used to define and distinguish different levels of human cognition – understanding, learning, and thinking.

Analyze

The process of examining something methodically to understand its components, meaning, or relationships.

Bloom's Taxonomy

A classification system used in education to define and distinguish different levels of human cognition - i.e., thinking, learning, and understanding.

Evaluate

The process of assessing or judging the value, nature, or importance of something.

Related Questions