Which of the following is NOT a time lag associated with using discretionary policy to correct an economic problem?
A) the time required to recognize the problem
B) the time required to decide how to handle the problem
C) the time required to set a policy change in action
D) the time required to coordinate monetary and fiscal policy

Question

Which of the following is NOT a time lag associated with using discretionary policy to correct an economic problem?  
A) the time required to recognize the problem 
B) the time required to decide how to handle the problem 
C) the time required to set a policy change in action 
D) the time required to coordinate monetary and fiscal policy

Quizplus · Accepted Answer

The coordination of monetary and fiscal policy is a time lag associated with using discretionary policy to correct an economic problem. Therefore, D is the incorrect option.

Which of the Following Is NOT a Time Lag Associated