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Why is the time lag for fiscal policy changes longer than for monetary policy changes?
Services
Activities or benefits provided to consumers that do not result in the ownership of a tangible product.
Capital
Financial assets or the monetary value of assets, such as buildings and machinery, invested in a business to create more wealth.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment.
Opportunity Cost
The economic impact of dismissing the next prime alternative while reaching a decision.
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