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The time it takes for monetary or fiscal policy to become effective is the outside lag inside lag policy lag none of the above Can someone please help me ?
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@whpalmer4
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@HelpBlahBlahBlah
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outside lag
can you explain please @HelpBlahBlahBlah
I looked up the definition for all of them and the definition that matched was outside lag because it means the amount of time it takes for a government or central bank's actions, in the form of either monetary or fiscal policy, to have a visible effect on the economy.
Okay thank you very much @HelpBlahBlahBlah
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