Economists Usually View ________ Policy as Having a Longer Implementation

question 21

Multiple Choice

Economists usually view ________ policy as having a longer 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:

Investing Activities

Financial transactions and events involving the purchase and sale of long-term assets and investments, as reported in the cash flow statement.

Direct Approach

A method of financial reporting or problem solving that involves straightforward, clear communication without indirectness.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments not included in cash equivalents.