Economists estimate that the total lag for monetary policy is about:
A. 1-2 days.
B. 2 weeks to 1 month.
C. 3-12 months.
D. 2-4 years.
Answer: C
You might also like to view...
Amy can produce either 5000 pounds of cheese or 20 cars per year. Mike can produce either 5000 pounds of cheese or 10 cars per year. Amy's opportunity cost of producing one pound of cheese is ________ car(s).
A. 250 B. 20 C. 1/20 D. 1/250
In economic theory, the word "demand" refers to
a. the amount people are willing to purchase at various prices. b. those wants or needs that are urgent or pressing. c. wants that are economic in character rather than social, cultural, or spiritual. d. the desire of persons for a good, regardless of whether they're willing to purchase the good.
Among these countries, which has the lowest hourly wage and fringe benefits in manufacturing?
A. Germany B. Britain C. Canada D. United States
Which of the following indicates the difference between the volume of exports and imports of a product?
A. Total trade B. Terms of trade C. Intra-industry trade D. Net trade