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Question 12 (2 points) Which of the following is a statement that is NOT CORRECT? Explain why. 1. Time lags in the transmission of monetary

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Question 12 (2 points) Which of the following is a statement that is NOT CORRECT? Explain why. 1. Time lags in the transmission of monetary policy are longer than those for discretionary fiscal policy. 2. Monetary policy implements more quickly than discretionary fiscal policy, but discretionary fiscal policy transmits more quickly. 3. Discretionary fiscal policy implements more quickly than monetary policy, but monetary policy transmits more quickly. Paragraph BIUA E +

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