ADDITIONAL NOTES - lags - implementation lag
3 important questions on ADDITIONAL NOTES - lags - implementation lag
What do we call the time when the recession or inflation is discovered but there is a significant time before for it is possible to act?
How long could it take for a policy to be implemented?
Which policy could be quickly implemented? Why?
because changing the money supply is much easier by setting the overnight rate target, but fiscal policy needs more time for approval and implementation.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding