Question: Question 17 2 pts Even once the data has been collected and the members of the Fed have had time to review it, it may

Question 17 2 pts Even once the data has been collected and the members of the Fed have had time to review it, it may still take time to understand the state of the economy and see if we are in an expansion or recession. This causes which of the following lags? O The Data Lag O The Recognition Lag O The Implementation Lag O The Information Lag Question 18 2 pts Increases in government spending that are aimed at achieving macroeconomic goals is considered O contractionary fiscal policy. O contractionary monetary policy. O expansionary monetary policy. O expansionary fiscal policy

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