The operational lag of fiscal policy refers to the time that elapses between the beginning of a recession
or inflation and the certain awareness that it is actually happening.
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Q166: When changes in taxes and government spending
Q167: Tax increases and government spending cuts by
Q168: Tax revenues automatically increase during economic expansions
Q169: The public debt is held as Treasury
Q170: Permanent tax reductions are more likely to
Q172: If Congress passes legislation to increase government
Q173: Fiscal policy is enacted through changes in
A)
Q174: The public debt is the accumulation of
Q175: An increase in the cyclical deficits will
Q176: It is more meaningful economically to measure
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