The Implementation Lag Is _____ for Fiscal Than for Monetary

question 126

Multiple Choice

The implementation lag is _____ for fiscal than for monetary policy; the lag before the effects of monetary policy on real output and unemployment is ____ than for its effects on real output and unemployment:

• A)​Longer, long and variable
• B)​Longer; relatively short and predictable
• C)​Shorter; long and variable.
• D)​Shorter; relatively short and predictable

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Definitions:

Simple Contracts

Contracts that can be oral or written, not formalized by seal, and recognized by courts if they meet basic requirements like offer, acceptance, and consideration.

Negotiable Instruments

Written documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer usually not named.

Assignee

The party to whom rights or property are legally transferred through an agreement or contract.

Holder

An individual or entity that legally possesses a document, such as a check, note, bill of exchange, or share of stock.