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The operational lag refers to the lag between: Multiple Choice end of the recession and the time it takes to recognize that the recession has
The operational lag refers to the lag between: Multiple Choice end of the recession and the time it takes to recognize that the recession has ended. time fiscal action is taken and the time that the action has its effect on the economy. time the need for the fiscal action is recognized and the time that the action is taken. start of the recession and the time it takes to recognize that the recession has started
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
