The principal lag for monetary policy
A) and fiscal policy is the time it takes to implement policy.
B) and fiscal policy is the time it takes for policy to change spending.
C) is the time it takes to implement policy.The principal lag for fiscal policy is the time it takes for policy to change spending.
D) is the time it takes for policy to change spending.The principal lag for fiscal policy is the time it takes to implement it.
Correct Answer:
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