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    Time Lags of Monetary and Fiscal Policies

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    Considering the long time lags of monetary and fiscal policies, what if the economy needs a boost today, how would this be accomplished quickly and effectively?

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    When there is a time lag of monetary and fiscal policies then the economy will be in depression. During depression the government has to use their tools i.e. monetary and fiscal policy very effectively. The economy needs to boost today by adopting adopt easy money ...

    Solution Summary

    Time lags of monetary and fiscal policies are studied in this solution, which is 171 words.