Economists Usually View ________ Policy as Having a Shorter Implementation

question 56

Multiple Choice

Economists usually view ________ policy as having a shorter implementation lag than ________ policy,but there is substantial uncertainty about how long this lag is.

• A)fiscal; incomes
• B)fiscal; monetary
• C)monetary; incomes
• D)monetary; fiscal

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Definitions:

Voting Process

The method by which individuals express their choices or preferences for candidates or policies in an election or referendum.

Normative-Stage

Indicates a phase in human development that is considered typical or standard based on cultural or societal norms.

Timing-Of-Events

The chronological sequencing or scheduling of occurrences, which can impact outcomes in various contexts including psychological development.

Major Predictable

Significant events or outcomes that can be anticipated based on current knowledge or patterns.