Examlex
Sean was told that "Boys are not good at writing" before he completed the writing sample for his English class. He didn't do well on his writing sample. What term is used to describe the negative impact this statement may have had on his performance.
Implementation Lag
The time delay between when a policy or economic strategy is decided upon and when it is actually put into effect.
Effectiveness Lag
The delay between the time a policy measure is implemented and the time the measure has its intended effect on the economy.
Activity Lag
The delay between the time a particular economic policy is enacted and the time when its full effects are observed in the economy.
Passive Policy
An economic policy approach that involves minimal intervention by the government in the economy, allowing market forces to operate without active guidance or stimulus.
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