Distinguish between the expenditure lag and the policy lag in stabilization policy. Does monetary or fiscal policy

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Distinguish between the expenditure lag and the policy lag in stabilization policy. Does monetary or fiscal policy have the shorter expenditure lag? What about the policy lag?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:48 AM

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Distinguish between the expenditure lag and the policy lag in stabilization policy. Does monetary or fiscal policy

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The policy lag is the time it takes to enact a change in macroeconomic p...View the full answer

Macroeconomics Principles And Policy

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