The time it takes for the policy actually to have an impact on the economy is called
A)the data lag.
B)the recognition lag.
C)the legislative lag.
D)the implementation lag.
E)the effectiveness lag.

Question

Quizplus · Accepted Answer

The time it takes for the policy actually to have an impact on the economy is referred to as the effectiveness lag. This lag encompasses the period from when a policy is implemented to when it starts to have noticeable effects on the economy.

The Time It Takes for the Policy Actually to Have