Suppose that the president of a small island nation has decided to increase government spending by building more libraries. the legislation was enacted without any delay. from here, planning will take 6 months and building will take 2 months. which of the following is true? choose one: o a. the planning and building of the libraries represent an impact lag of this policy b. the laffer curve would be used to recommend this policy. o c. the planning and building of the libraries represent a recognition lag of this policy d. this policy is contractionary. e. this policy shows an example of automatic stabilizers taking effect.