Classify each scenario according to the type of policy lag it illustrates. Drag each item on the left to its matching item on the right. Note that every item may not have a match, while some items may have more than one match. impact lag implementation lag recognition lag The economy trends downward for two months, but economists are not sure if this signals the start of a recession. Congress passes an immediate tax cut for all citizens, but it is another 24 months before GDP starts to climb once again. A bill proposing a tax cut is held up in Congress by a filibuster. Economists determine that unemployment has skyrocketed several months after it began to rise. Government spending is cut by $100 billion, but inflation persists for another 12 months. Congress approves a $100 million spending package, but officials need six months to determine which projects to finance.