The time that elapses between a change in economic activity and the time that policymakers see the
Question:
The time that elapses between a change in economic activity and the time that policymakers see the need to respond is the
a. Administrative lag.
b. Recognition lag.
c. Implementation lag.
d. Operational lag.
e. Response lag.
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Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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