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______ lags occur because the wheels of democratic government turn slowly such that the economic situation may have changed by the time fiscal policy has
______ lags occur because the wheels of democratic government turn slowly such that the economic situation may have changed by the time fiscal policy has been adjusted in response to an economic situation. Multiple choice question. Political Administrative Recognition Operational
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Managerial Economics Markets and the Firm
Authors: William Boyes
2nd edition
618988629, 978-0618988624
