The time policymakers must wait for the collection of economic data is known as a(n):
A) recognition lag.
B) information lag.
C) decision lag.
D) implementation lag.

Name: The time policymakers must wait for the collection of economic data is known as a(n): A) recognition lag. B) information lag. C) decision lag. D) implementation lag.
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Question

Quizplus · Accepted Answer

The information lag refers to the delay in obtaining and analyzing economic data necessary for policymakers to make informed decisions.

The Time Policymakers Must Wait for the Collection of Economic