Refer to the information provided in Figure 15.1 below to answer the questions that follow. Figure 15.1
-Refer to Figure 15.1.If policy makers decide on a policy at point t3 but it does not affect the economy until period t6,then the policy choice is likely to be
A)inappropriate.
B)optimal.
C)ineffective.
D)none of the above

Question

Refer to the information provided in Figure 15.1 below to answer the questions that follow.  Figure 15.1
-Refer to Figure 15.1.If policy makers decide on a policy at point t3 but it does not affect the economy until period t6,then the policy choice is likely to be
A)inappropriate. 
B)optimal. 
C)ineffective. 
D)none of the above

Quizplus · Accepted Answer

The policy is likely to be inappropriate because the delay in implementation means that the economic conditions at t6 may differ significantly from those at t3, making the policy less relevant or effective.

Refer to the Information Provided in Figure 15