Which of the following illustrates the data lag?
A) The economy turns down on January 8, 2019, but policymakers do not figure this out until April 19, 2019.
B) Policymakers wait and see what is really going on with the economy.
C) Policymakers implement policy X on September 12, 2019, but the effects are not felt until six months later.
D) The data lag is illustrated equally well by a, b, and c.
Correct Answer:
Verified
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