Which of the following is an example of inside lag in monetary policy? A) Individual banks ignore a reduction in the required reserve ratio and hold excess reserves. B) Members of the Board of Governors refuse to lower the discount rate until several months after a recession has begun. C) The U. S. government debates a public works program and chooses not to spend money on new highways and railroads. D) Corporations respond slowly to increases in interest rates by reducing their planned investment for future years.

Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.