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It Takes Time for the Complete Effects of Monetary and Fiscal

question 140

Multiple Choice

It takes time for the complete effects of monetary and fiscal policy to materialize.This is because there is ___________ between setting fiscal policy and seeing its effects.


Definitions:

Learned Helplessness

A psychological condition in which an individual believes they have no control over the outcomes of situations, due to a history of failed attempts to control the environment.

Success

The achievement of a set goal, objective, or desired outcome, often recognized through accomplishment, wealth, or recognition.

Ability

A person's level of competence or skill in performing a specific task or in a particular area of work or study.

Approval

The act of accepting or endorsing something as satisfactory or meeting certain standards.

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