The Legislative Lag Represents

question 49

Multiple Choice

The legislative lag represents

• A)the time it takes for policy makers to obtain data indicating what is happening in the economy.
• B)the time it takes for policy makers to be sure of what the data are signaling about the future course of the economy.
• C)the time it takes to pass legislation to implement a particular policy.
• D)the time it takes for policy makers to change policy instruments once they have decided on the new policy.
• E)the time it takes for the policy actually to have an impact on the economy.

Differentiate between valid and invalid arguments.

Apply logical reasoning to analyze everyday arguments.

Demonstrate knowledge of basic principles of logical inference.

Explain the importance of logic in critical thinking and decision making.

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Definitions:

Evolutionary Constraints

Limitations on the course or outcome of evolutionary changes; these can be due to physical, genetic, or environmental factors.

Circulatory System

The body system responsible for the transport of blood, nutrients, gases, and wastes throughout the body.

Endocrine Glands

Glands of the endocrine system that secrete hormones directly into the bloodstream, rather than through ducts.

Hormones

Chemical messengers produced by the endocrine glands that are transported by the bloodstream to target organs to regulate physiology and behavior.