1. Which of the following contributes to the lag in implementing fiscal policy? I. It takes time...

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1. Which of the following contributes to the lag in implementing fiscal policy?

I. It takes time for Congress and the President to pass spending and tax changes.

II. Current economic data take time to collect and analyze.

III. It takes time to realize an output gap exists.

a. I only

b. II only

c. III only

d. I and III only

e. I, II, and III

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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Question Posted: Oct 03, 2024 06:00 AM

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1. Which of the following contributes to the lag in implementing fiscal policy? I. It takes time...

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Krugmans Economics For Ap

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