ly8dinaKonopach ly8dinaKonopach
  • 11-04-2017
  • Business
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A major problem in the conduct of macroeconomic policy is the time it takes to recognize that the economy is experiencing a problem.

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Erudite1
Erudite1 Erudite1
  • 13-04-2017
This statement is true. The time it takes to recognize  that the economy is experiencing  a problem is known as the recognition lag. 
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