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Economics
MEDIUM
ENGLISH
Economics
The response lag of stabilization policy represents ?
A
the time that it takes for policy makers to recognize the existence of boom of bust
Option A
B
the time needed for parliament to agree to a tax cut.
Option B
C
the time that is necessary to put the desired policy into effect
Option C
the time that it takes for the economy to adjust to the new conditions after a new policy has been implemented
Correct answer
Correct answer: D
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