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Essay's paper body
Internal lag is how long it takes for the government to realize that there is a problem and come up with a solution. If it takes the policy makers a year into a recession to acknowledge there is a problem, you have an entire year of losses to make up for.
Outside lag is how long it takes for the implemented changes to affect the economy...
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Internal lag is how long it takes for the government to realize that there is a problem and come up with a solution. If it takes the policy makers a year into a recession to acknowledge there is a problem, you have an entire year of losses to make up for.
Outside lag is how long it takes for the implemented changes to affect the economy...
Essay fragment
General points of the essay
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