Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

he following quote refers to the 2009 fiscal stimulus, which included about $150 B. of government spending for shovel-ready projects: The original plan called for

he following quote refers to the 2009 fiscal stimulus, which included about $150 B. of government spending for "shovel-ready" projects:

"The original plan called for putting "shovels in the ground" within 90 days. But it often took six more months to a year before most of the projects were under construction...Weatherization, for example, was billed as the low-hanging fruit of the clean-energy movement. But states are still sitting on roughly a billion dollars in unused grant money because of a tortured bureaucracy, in which the federal government paid the states, which paid local nonprofits, which then hired the contractors." (New York Times, Feb. 11, 2012)

This quote refers to:

Group of answer choices

A. the political lag.

B. the information lag.

C. the decision lag.

D. the implementation lag.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy, Foresight And Strategy

Authors: Thomas J Sargent

1st Edition

1317329686, 9781317329688

More Books

Students also viewed these Economics questions