The major difference in the efficacy of monetary policy relative to fiscal policy is
A) the longer recognition lag for fiscal policy.
B) the shorter recognition lag for fiscal policy.
C) the longer legislative lag for fiscal policy.
D) the longer data lag for fiscal policy.
C
Economics
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What will be an ideal response?
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State sales taxes are operated as a system of
A) ad valorem taxation. B) unit taxation. C) income taxation. D) revenue minimizing taxation.
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The terms rational expectations and adaptive expectations are two different names for the same concept
Indicate whether the statement is true or false
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The production possibilities frontier represents all desirable combinations of two goods
a. True
b. False
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