Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 36 - Part XIII - Six Debates over Macroeconomic Policy - Quick Check Multiple Choice - Page 815: 1

Answer

b. six months

Work Step by Step

Many studies show that change in monetary policy have little effect on aggregate demand until after six months after the change has been made.
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