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Why Is the Time Lag for Fiscal Policy Changes Longer

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Why is the time lag for fiscal policy changes longer than for monetary policy changes?

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Definitions:

Arrow Pointing

A graphical indicator often used in interfaces and documents to direct attention towards a particular element or direction.

Join Line

The action of connecting two separate lines of text into one continuous line, often used in text editing and programming.

Join Type

A term used in database management that specifies how tables should be combined or linked based on common columns.

One-To-Many Relationship

A type of database relationship where a single record in one table can be associated with one or more records in another table.

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