The time that elapses between an action being taken by policymakers and its influence on the economy is called which of the following?
A)the timepiece dividend
B)the government dividend
C)the impact lag
D)a New York minute

Question

Quizplus · Accepted Answer

The time that elapses between an action being taken by policymakers and its influence on the economy is called the impact lag. This lag can vary in length depending on the policy action taken and the complexity of the economic system.

The Time That Elapses Between an Action Being Taken by Policymakers