Examlex
The most important lag for monetary policy is the time it takes to formulate policy, while the most important lag for fiscal policy is the time it takes for the economy to respond to changes in government spending.
Stored
Refers to the retention of information or substances in a designated space or medium for future use.
Retrieved
The process of getting back information stored in memory.
Prospective Memory
Memory to perform an act in the future, as at a certain time or when a certain event occurs.
Declarative Nature
The quality of being explicit or clear in expression, often used in the context of statements or propositions that convey information straightforwardly.
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