Question: Discuss lags in stabilization in detail along with suitable examples? Which type of policy would have the most Lags, Fiscal or Monetary? Why?

Discuss lags in stabilization in detail along with suitable examples? Which type of policy would have the most Lags, Fiscal or Monetary? Why?

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In economics lags refer to the time it takes for a policy or action to have its full effect on the economy There are several types of lags in stabilization policy including recognition lags decision l... View full answer

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