The Time It Takes for Policy Makers to Be Sure

question 19

Multiple Choice

The time it takes for policy makers to be sure of what the data are signaling about the future course of the economy is called

• A)the data lag.
• B)the recognition lag.
• C)the legislative lag.
• D)the implementation lag.
• E)the effectiveness lag.

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Definitions:

Conditioned

Having learned a response or behavior through the process of conditioning, often in relation to a specific stimulus.

Delayed Conditioning

A classical conditioning procedure in which the conditioned stimulus is initiated before the unconditioned stimulus and both stimuli end at the same time.

Temporal Conditioning

is a type of classical conditioning where a stimulus is presented at regular intervals, leading to an anticipatory response.

Unconditioned Stimulus

An event or circumstance that automatically triggers a naturally occurring response without any prior learning.