A country is experiencing high inflation. In response, the government passes a law that reduces government spending and increases taxes. However, it may take many months before interest rates fall and inflation is reduced. This is an example of:
A: recognition lag
B: impact lag.
C: action lag.
A: recognition lag
B: impact lag.
C: action lag.
举一反三
- In 1985, ______. A: inflation was taken into account in the federal government's income tax policy B: inflation rate was brought under control and income lax rate was reduced C: a number of states made their own laws against the rising inflation D: the federal government adopted several inflation combating policies
- Which of the following is an perspective of inflation promotion? A: Inflation can stimulate and increase effective demand B: Inflation can easily induce excessive capital demand C: Inflation easily increases the risk and operating costs of new production investments D: Under inflation, the government may adopt price control measures to distort resource allocation
- To tighten fiscal policy the government would: A: Privatise government assets B: Raise interest rates C: Increase the size of the budget deficit D: Lower government spending
- 根据《QB-J-024-2014PTN工程设计规范》，异厂家L2对接时，应采用（）保护方式，L3对接时应采用（）对接方式。 A: LAG；LAG B: IPFRR；LAG C: IPFRR；IPFRR D: LAG；IPFRR
- The impact of national interest rate on the exchange rate is ( ). A: up to compare factors such as foreign interest rate and domestic inflation rate. B: rising interest rates, rising currencies C: falling interest rates, falling currencies D: falling interest rates and rising currencies