The delay between the date a policy change is needed and the date it is implemented is called the:
A)recessionary gap.
B)expansionary gap.
C)outside lag.
D)inside lag.

Name: The delay between the date a policy change is needed and the date it is implemented is called the: A)recessionary gap. B)expansionary gap. C)outside lag. D)inside lag.
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Question

Quizplus · Accepted Answer

The inside lag is the delay between the time a problem is recognized and the time policy action is taken to address it.

The Delay Between the Date a Policy Change Is Needed