Lags in the policy-making process come from:

Question

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Lags in policy-making can arise from any or all of the reasons listed. A lack of understanding of the current state of the economy can lead to policies that are misaligned with the current economic situation, which can delay their impact. The process of deciding on and passing legislation can also be time-consuming and involve negotiations and compromises, which can cause delays. Additionally, even after policies are passed, it may take time for them to have an impact on the economy, particularly if they involve long-term changes to infrastructure, education, or other areas.

Lags in the Policy-Making Process Come From