Principles of Economics (Second Edition)
Principles of Economics (Second Edition)
2nd Edition
ISBN: 9780393614077
Author: coppock, Lee; Mateer, Dirk
Publisher: W. W. Norton & Company
Question
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Chapter 29, Problem 4QFR
To determine

To explain:

The three types of fiscal policy lags, the meaning of automatic stabilizers and the way fiscal policy lags affect automatic stabilizers.

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