An implementation lag is the time it takes
A)policy makers to decide what to do
B)for the chosen policy to have its full impact on the economy
C)to identify trouble in the economy and to assess its severity
D)to put a selected policy into action
E)before a policy's effects on the economy are noticed by ordinary people

Question

Quizplus · Accepted Answer

Implementation lag refers to the time it takes for a chosen policy to be put into action. This lag can occur due to bureaucratic procedures, logistical challenges, or political obstacles that delay the execution of policy decisions. It is distinct from other types of lags, such as decision lags (choosing what policy to pursue) and impact lags (the time it takes for policy changes to affect the economy).

An Implementation Lag Is the Time It Takes