Which lag stems from the fact that it takes time for people and firms to react...

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Which lag stems from the fact that it takes time for people and firms to react to a policy change, to acquire or reduce loans, and to change their level of consumption? the implementation lag O the recognition lag O the market lag O the impact lag Which lag stems from the fact that it takes time for people and firms to react to a policy change, to acquire or reduce loans, and to change their level of consumption? the implementation lag O the recognition lag O the market lag O the impact lag

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Response lag also known as impact lag is the time ... View the full answer