5. Immediately after a policy of macroacceleration is instituted, an improvement in the status of major economic

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5. Immediately after a policy of macroacceleration is instituted, an improvement in the status of major economic indicators will be observed. The primary negative effects of the acceleration will be observed much later, 1 2 to 24 months after the initial stimulus.

Explain why this pattern is likely to create a conflict between sound stabilization policy and "good politics."

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