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The time it takes the fed or congress to change economic policy is part 2 Implementation lags are the type of lag that policy makers need to take into careful consideration because they have the potential to restrict.The Correct answer is A response lag.
Stabilisation policy efficacy and complicate matters. The length of time it takes to implement a specific policy is referred to as an implementation lag. This entails completing responsibilities including organising the money's management, distributing it to the appropriate individuals, and creating spending strategies.The outer lag is the amount of time it takes for monetary or fiscal policies to have effect. The first option, or option "A," is the answer among the possibilities listed in the question. A policy needs a certain amount of time to work its magic. It is impossible to avoid the external lag at this moment in time.Inside lag is the amount of time needed to create a policy, while outside lag is the amount of time needed for the policy to take effect. Implementing policy is delayed by inside lag. It may require more time to implement monetary policy than other types of policy.The duration it takes for monetary policy to take effect is known as the "outside lag."
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