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When government takes so much time to adjust fiscal policy that the economic situation has changed in the interim, rendering the belated policy action inappropriate
When government takes so much time to adjust fiscal policy that the economic situation has changed in the interim, rendering the belated policy action inappropriate this refers to the Blank______ lag. Multiple choice question. recognition operational crowding-out administration
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
8th edition
9780077802615, 73523224, 77802616, 978-0073523224
