Time lags can cause economic policy to affect the economy after the underlying problems have changed.

Name: Time lags can cause economic policy to affect the economy after the underlying problems have changed.
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Economic policies often take time to implement and their effects may not be immediate. By the time the effects are felt, the underlying problems may have changed or resolved, leading to a mismatch between the policy and the current economic conditions.

Time Lags Can Cause Economic Policy to Affect the Economy