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A Significant Lag for Monetary Policy Is the Time It

question 178

True/False

A significant lag for monetary policy is the time it takes to for a change in the money supply to change the economy. A significant lag for fiscal policy is the time it takes to pass legislation authorizing it.


Definitions:

Personality

The unique and relatively stable ways in which people think, feel, and behave.

Schizophrenic

A term related to schizophrenia, a mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.

Dissociative

Pertaining to a disruption or disconnection of consciousness, memory, identity, or perception of the environment.

Dr. Jekyll and Mr. Hyde

A metaphor derived from Robert Louis Stevenson's classic story, symbolizing the duality of human nature.

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