The impact lag facing the Fed is a. ...
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Finance
The impact lag facing the Fed is
| a. | the delay before open market operations are able to affect the monetary base. | |
| b. | the delay before the Fed's announcement of a new policy has an impact on the decisions of the public. | |
| c. | the time required for monetary policy changes to affect output, employment, and prices. | |
| d. | the delay before the impact of a recession on output and prices becomes clear to the Fed. |
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