Suppose That It Takes 40 Days for the Government to Realize

Suppose that it takes 40 days for the government to realize that it is in a recession. Further, it takes the government 42 days to implement an expansionary fiscal policy and an additional 30 days for the expansionary policy to show any effect. Given this, the recognition lag is _____ days, and the implementation lag is _____ days.

A) 42; 70
B) 40; 30
C) 40; 42
D) 82; 30