PRINCIPLES OF MACROECONOMICS  Q1. Explain what are the lags in macroeconomic policies. Do these lags have more effect on monetary policy or fiscal policy and why

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Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical
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Q1. Explain what are the lags in macroeconomic policies. Do these lags have more effect on monetary policy or fiscal policy and why?

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