Discussion Forum : Fiscal And Monetary Policy
Question - The response lag of stabilization policy represents ?
Options:
A .  the time that it takes for policy makers to recognize the existence of boom of bust
B .  the time needed for parliament to agree to a tax cut.
C .  the time that is necessary to put the desired policy into effect
D .  the time that it takes for the economy to adjust to the new conditions after a new policy has been implemented
Answer: Option D
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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