Recognition lag,implementation lag,and impact lag are all examples of
A) crowding-out.
B) savings shifts.
C) time lags that accompany policy decisions.
D) automatic stabilizers.
E) fiscal policies.

Question

Quizplus · Accepted Answer

Recognition lag, implementation lag, and impact lag refer to the delays in recognizing an economic problem, implementing policies to solve it, and seeing the results of those policies, respectively. These lags are inherent in policy decision-making and can affect the effectiveness of policies.

Recognition Lag,implementation Lag,and Impact Lag Are All Examples of