The lag for fiscal policy is generally than it is for monetary policy.

The correct answers are implementation and longer.

The implementation lag for fiscal policy is generally longer than it is for monetary policy.

Although fiscal policy and monetary policy have similar time lags, the implementation lag for fiscal policy is generally longer than it is for monetary policy. So the implementation lag for fiscal policy usually is longer than for monetary policy because fiscal policy needs committee hearings in the House of Representatives and the Senate. In the case of monetary policies, the Federal Reserve (the Fed) simply act and make decisions.