How do time lags affect the effectiveness of fiscal policy?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 23, 2023 02:34 AM

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Lags can diminish the effectiveness of fiscal policy. 1. Name and describe the five types of lags. 2. Explain why lags are problems.
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How do time lags affect the effectiveness of fiscal policy?

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The time lag between when a policy change is desirable and when it is adopted ...View the full answer

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