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The operational lag is Multiple Choice the delay between the time fiscal action is ordered and the time that it actually begins to affect output,
The operational lag is Multiple Choice the delay between the time fiscal action is ordered and the time that it actually begins to affect output, employment, or the price level. the time between when policymakers recognize the need for a fiscal action and when that fiscal action is actually taken
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
