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A ______ lag occurs when it takes time for the Congress to draft and propose a bill to implement a fiscal policy and for the

A ______ lag occurs when it takes time for the Congress to draft and propose a bill to implement a fiscal policy and for the president to sign up the bill into law. There will be a ________ crowding out effect in the long run. Group of answer choices Formulation: Partial Implementation: Complete Information: Partial Formulation: Complete

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