ECON MACRO
5th Edition
ISBN: 9781337000529
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 16, Problem 3.4P
Sub-part
A
To determine
The lags in the discretionary policy from the time when the government determines that recession is there in economy until a tax cut is there in order to reduce
Sub-Part
B
To determine
The lags in the discretionary policy from the time there is an increase in the money supply to until its effects on the economy is realized and the reasons for which the long lags make discretionary policy ineffective.
Sub-Part
C
To determine
The lags in the discretionary policy from the time the recession has started until the time until the time government has identified the severity and existence of recession and the reasons for which the long lags make discretionary policy ineffective.
Sub-Part
D
To determine
The lags in the discretionary policy from the time there is an increase in the money supply to until its effects on the economy is realized and the reasons for which the long lags make discretionary policy ineffective.
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ECON MACRO
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