Why Is There a Lag Between the Fed's Actions and the Economy's

question 100

Essay

Why is there a lag between the Fed's actions and the economy's response?

---

Definitions:

Equation

A statement that asserts the equality of two expressions, usually represented by the symbol "=".

Slope-Intercept Form

A way of writing the equation of a line as y = mx + b, where m is the slope and b is the y-intercept.

Slope

The measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Point

A specific location in space defined by coordinates in a given dimension.