The time needed for changes in monetary of fiscal policy to affect the economy is called the ________ ________
a. Recognition Lag
b. Decision-Making Lag
c. Implementation Lag
d. Effectiveness Lag
d
You might also like to view...
If the Fed wishes to increase nominal interest rates, it must engage in an open market ________ of bonds that ________ the money supply.
A. sale; does not change B. sale; increases C. sale; decreases D. purchase; increases
Which of the following equations for domestic absorption is correct?
A) a ? c + i + g + im B) a ? c + i + g + im - x C) a ? x - im D) a ? c + i + ca + im
The same tools that were intended to allocate funds and spread risk more efficiently in the housing market made it:
A. easier to keep everyone fully informed. B. more difficult to keep everyone fully informed. C. easier to understand the true risk involved with these assets. D. more difficult to justify buying mortgage-backed securities over other low-risk assets.
In economics, what term is used to describe a concentration of efforts toward producing one type of goods?
a. repetition b. specialization c. competition d. consumption