Pts explain the three kinds of time lags that make it

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Question 3230 / 30 ptsExplain the three kinds of time lags that make it difficult to use fiscal policy to stabilize the economy.
EC 141 Final exam Recognition lag The recognition lag is the time between the beginning of recession or inflation and the certain awareness that it is actually happening. Question 3329 / 30 ptsSuppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp and prolonged inflationary trend. What changes in (a) the reserve ratio, (b) the discount rate, and (c) open-market operations would you recommend?Explain in each case how the change you advocate would affect commercial bank reserves, the money supply, interest rates, and aggregate demand. System. The economy is experiencing a sharp and prolonged inflationary trend. What changes in (a) the reserve ratio, (b) the discount rate, and (c) open-market operations would you recommend? Explain in each case how the change you advocate would affect commercial bank reserves, the money supply, interest rates, and aggregate demand.
EC 141 Final exam increase the real interest rate, reduce investment spending, reduce aggregate demand, and reduce inflation.

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