Once Statistics Canada identifies an economic downturn, the Department of Finance must formulate a new budget, which the politicians must approve in Parliament. What is the term for the time it takes for this process to occur? O identification lag O political lag O implementation lag O impact lag For which group of citizens is a sales or excise tax often considered to be unfair? O The middle class, who comprise the largest demographic group in society. Lower-income groups, who pay a greater percentage of their income toward the tax than do the wealthy O No one in particular, because it is a proportional tax that treats everyone the same. O Upper-income people, because they have more income