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Which of these is an example of inside lag in monetary policy? A.) Congress debates funding new highways B.) Banks hold more reserves than they are required C.) The Fed lowers interest rates several months
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Dec 3, 2020
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Which of these is an example of inside lag in monetary policy?
A.) Congress debates funding new highways
B.) Banks hold more reserves than they are required
C.) The Fed lowers interest rates several months into a recession
D.) Corporations expand years after the Fed lowers interest rates
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C.) The Fed lowers interest rates several months into a recession
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