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The ________ lag for monetary policy tends to be much shorter than for fiscal policy because only ...

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The ________ lag for monetary policy tends to be much shorter than for fiscal policy because only ...

Question 1.

Fiscal policy and monetary policy have a similar ________ time lag.

▸ implementation

▸ structural

▸ recognition

▸ response

Question 2.

The ________ lag for monetary policy tends to be much shorter than for fiscal policy because only monetary policy requires rather immediate changes in open market operations.

▸ recognition

▸ implementation

▸ response

▸ reorganization

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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