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★ѕραndavir ★ѕραndavir
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6 years ago
Based on the record of past business cycles as well as Fed behavior, we can estimate that for expansionary monetary policy the overall lag is approximately
A) eighteen months, about half of which is the effectiveness lag.
B) twenty months, slightly more than three-quarters of which is the effectiveness lag.
C) ten months, with less than half due to the effectiveness lag.
D) nine months, with the effectiveness lag responsible for about six months.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 55 times
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supersuinegsupersuineg
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6 years ago
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5 years ago
You literally helped me pass my economics class!
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