Problem
a. What is an inside lag?
b. We can divide inside lags into three smaller, sequential lags. What are these, and in what order do they occur?
c. Which has the smaller inside lag-fiscal or monetary policy? Why?
d. What is the inside lag for automatic stabilizers?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.