An inside lag is:
A. a lag in implementing policy.
B. the period of time it takes for policies to work.
C. a policy aimed at increasing GDP.
D. a policy aimed at reducing GDP.
Answer: A
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The United States imports approximately ________ percent of all goods and services produced in the country.
A. 8. B. 3. C. 13. D. 16.
Regulation of monopolies is justified on the ground that a monopolist sells too less at a too high price
a. True b. False Indicate whether the statement is true or false
Which of the following examples is experiencing diseconomies of scale?
a. As the Chewy sandwich chain expanded, it received volume discounts on meats, produce, paper products, and other items. b. As the Polaris marketing firm expanded overseas, the difficulty of managing the enterprise across several languages and time zones led to higher average costs. c. Costs at Patel Accounting LLC are steady regardless of how many clients the firm has. d. Northside Rehabilitation was able to cut costs while expanding by having its staff specialize in different treatment methods.
Suppose the required reserve ratio is 3 percent, and currency and reserves total $10 million. The maximum change in the money supply that can be supported is:
A. $13 million. B. $30 million. C. $97 million. D. $333.3 million.