The amount of time it takes the government to determine the size of a tax policy is known as the
A) action time lag.
B) effect time lag.
C) recognition time lag.
D) Ricardian-equivalence time lag.
Correct Answer:
Verified
Q189: In January 2009, the President submitted a
Q190: Once either expansionary or contractionary fiscal policy
Q191: The recognition time lag recognizes that it
Q192: Discretionary fiscal policy
A) may not have desired
Q193: To the extent that the political process
Q195: The time required to collect information about
Q196: The period between the implementation of a
Q197: In January 2009, the President submitted a
Q198: The action time lag is the time
Q199: The effect time lag is the time
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