After legislation is signed into law, the time it takes before actual fiscal stimulus is noticed is termed as:
A)signal lag.
B)implementation lag.
C)impact lag.
D)recognition lag.

Question

After legislation is signed into law, the time it takes before actual fiscal stimulus is noticed is termed as:
A)​signal lag.
B)​implementation lag.
C)​impact lag.
D)​recognition lag.

Quizplus · Accepted Answer

Impact lag refers to the time it takes for the full effects of a policy action, such as fiscal stimulus, to be felt in the economy after it has been implemented.

After Legislation Is Signed into Law, the Time It Takes