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Select all answers that apply.There is a gap between fiscal policy decisions and the actual effect of those policies in the economy. Why is this
Select all answers that apply.There is a gap between fiscal policy decisions and the actual effect of those policies in the economy. Why is this important? Multiple select question. The economy might self-correct during the lag. The AD/AS model accounts for lags only in tax policy. Implementation may come too late to be effective. During this gap, the Bank of Canada sets monetary policy
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