The ____ lag is the time from when an economic problem arises until it is recognized.
A) Recognition
B) Adjustment
C) Implementation
D) none of the above

Name: The ____ lag is the time from when an economic problem arises until it is recognized. A) Recognition B) Adjustment C) Implementation D) none of the above
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Question

Quizplus · Accepted Answer

The term used to describe the time from when an economic problem arises until it is recognized is "recognition lag". Therefore, the correct answer is A) Recognition.

The ____ Lag Is the Time from When an Economic