The major difference between the lag in monetary policy versus the lag in fiscal policy stems from the
A) data lag.
B) legislative lag.
C) recognition lag.
D) transmission lag.
B
You might also like to view...
The table below shows the weekly demand for hamburgers in a market where there are just three buyers.PriceQuantity Demanded by Buyer 1Quantity Demanded by Buyer 2Quantity Demanded by Buyer 3$6746597841510123211516Refer to the table. If there were 200 buyers in the market, each with a demand schedule identical to Buyer 2, then the weekly quantity of hamburgers demanded in the market at a price of $4 would be
A. 800. B. 2,000. C. 37,000. D. 3,000.
Which is not true for a monopolistically competitive industry?
A. Firms tend to operate with excess capacity. B. Firms operate at the lowest point of their ATC curves in the long run. C. Each firm faces a downward-sloping demand curve. D. These firms earn zero economic profits in the long run.
One consequence of rent ceilings set below the equilibrium rent is that
A) a surplus of housing units develops. B) renters are no longer exploited by landlords. C) it makes the long-run housing supply more elastic. D) search costs for housing increase.
The gold standard was the major system of exchange rate determination before 1914.
Answer the following statement true (T) or false (F)