Recognition Lag,implementation Lag,and Impact Lag Are All Examples of

question 158

Multiple Choice

Recognition lag,implementation lag,and impact lag are all examples of

• A) crowding-out.
• B) savings shifts.
• C) time lags that accompany policy decisions.
• D) automatic stabilizers.
• E) fiscal policies.

---

Definitions:

Overhauled

Refers to the process of taking apart a piece of machinery or equipment, cleaning, repairing, and restoring it to good working condition.

Governor Adjusting Screw

A component in machinery that allows for the adjustment of the governor, which regulates the engine speed by controlling fuel intake.

Cutout Pressure

The pressure level at which a pressure switch deactivates, or a safety valve opens to prevent excessive pressure build-up in a system.

PMI

Project Management Institute, a global organization that offers certifications and promotes standards for project management.