In General,the Longest Lag for

question 38

Multiple Choice

In general,the longest lag for

• A)both fiscal and monetary policy is the time it takes to change policy.
• B)both fiscal and monetary policy is the time it takes for policy to affect aggregate demand.
• C)monetary policy is the time it takes to change policy,while for fiscal policy the longest lag is the time it takes for policy to affect aggregate demand.
• D)fiscal policy is the time it takes to change policy,while for monetary policy the longest lag is the time it takes for policy to affect aggregate demand.

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