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NYC NYC
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8 years ago
The implementation lag for fiscal policy tends to be much longer than for monetary policy because:
A) fiscal policy changes requires both houses of Congress and the President to act.
B) fiscal policy usually requires committee hearings in both houses of Congress.
C) monetary changes only require the Fed to act..
D) all of the above
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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