Which of the following best describe/s an inside lag in policymaking? (1) The central bank raises the interest rate as inflation rises above the target, but firm already made investment plans for the next four months. (ii) The coverage of the beneficiaries of conditional cash transfers is proposed to be en provide income to people who lost their jobs because of the recession. However, the C cannot immediately reach an agreement on how large the transfers are going to be. (iii) In January, the government announced that it will cut the corporate income tax rate Seeing that the firms have already increased their investment purchases even before J government reneged on its promise and did not cut taxes in June. O a. O b. O c. d. (i), (ii), and (iii) Only (ii) Only (iii) Only (1)
Which of the following best describe/s an inside lag in policymaking? (1) The central bank raises the interest rate as inflation rises above the target, but firm already made investment plans for the next four months. (ii) The coverage of the beneficiaries of conditional cash transfers is proposed to be en provide income to people who lost their jobs because of the recession. However, the C cannot immediately reach an agreement on how large the transfers are going to be. (iii) In January, the government announced that it will cut the corporate income tax rate Seeing that the firms have already increased their investment purchases even before J government reneged on its promise and did not cut taxes in June. O a. O b. O c. d. (i), (ii), and (iii) Only (ii) Only (iii) Only (1)
Chapter1: Making Economics Decisions
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![Which of the following best describe/s an inside lag in policymaking?
(1) The central bank raises the interest rate as inflation rises above the target, but firms i
already made investment plans for the next four months.
(ii) The coverage of the beneficiaries of conditional cash transfers is proposed to be exp
provide income to people who lost their jobs because of the recession. However, the Comm
cannot immediately reach an agreement on how large the transfers are going to be.
(iii) In January, the government announced that it will cut the corporate income tax rate in
Seeing that the firms have already increased their investment purchases even before June
government reneged on its promise and did not cut taxes in June.
O a.
O b.
O c.
d.
(i), (ii), and (iii)
Only (ii)
Only (iii)
Only (1)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e7835d8-5b03-4aad-b76b-b1d406d646f6%2F2de222b5-7d6b-43dc-a4cc-ab50d66be103%2Fge6p7z_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following best describe/s an inside lag in policymaking?
(1) The central bank raises the interest rate as inflation rises above the target, but firms i
already made investment plans for the next four months.
(ii) The coverage of the beneficiaries of conditional cash transfers is proposed to be exp
provide income to people who lost their jobs because of the recession. However, the Comm
cannot immediately reach an agreement on how large the transfers are going to be.
(iii) In January, the government announced that it will cut the corporate income tax rate in
Seeing that the firms have already increased their investment purchases even before June
government reneged on its promise and did not cut taxes in June.
O a.
O b.
O c.
d.
(i), (ii), and (iii)
Only (ii)
Only (iii)
Only (1)
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