A recession begins in January but government policy makers do NOT reach a consensus that a recession had in fact begun until June. This is an example of a(n)

Name: A recession begins in January but government policy makers do NOT reach a consensus that a recession had in fact begun until June. This is an example of a(n)
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

This is an example of a recognition time lag, since it took government policy makers six months to recognize that a recession had begun.

A Recession Begins in January but Government Policy Makers Do