Time lags are delays in the economy's response to stabilization policies. For a particular stabilization policy, which of the following represents the correct order in which these time lags occur?
A. response lag ? implementation lag ? recognition lag
B. implementation lag ? recognition lag ? response lag
C. implementation lag ? response lag ? recognition lag
D. recognition lag ? implementation lag ? response lag
Answer: D
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Which type of thrift institution was relatively unaffected by the traumas of deregulation in the 1980s?
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Indicate whether the statement is true or false