Discretionary Fiscal Policy Is Risky Because It Is Hampered by

Discretionary fiscal policy is risky because it is hampered by

A) recognition lag, business cycle lag, and law- making lag.
B) recognition lag, impact lag, and law- making lag.
C) business cycle lag, impact lag, and law- making lag.
D) recognition lag, inflation lag, and law- making lag.
E) recognition lag, impact lag, and business cycle lag.