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A Recognition Lag Is the Delay Between

Question 187

Multiple Choice

A recognition lag is the delay between


A) the demand for a product changing and its price changing.
B) the onset of an economic slowdown and the realization that a discretionary fiscal policy response may be appropriate.
C) the recognition of an increase in the cost of living and the appropriate adjustment to Canada Pension Plan (CPP) payments.
D) increases in the unemployment rate and increases in university enrolment.
E) changes to the price of gasoline and adjustments to the number of kilometres that drivers travel each month.

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