Which of the Following Contributes to Implementation Lag for Discretionary

question 39

Multiple Choice

Which of the following contributes to implementation lag for discretionary fiscal policy?

• A) the time it takes to secure legislative approval for policy actions
• B) the time it takes for economic agents to respond to policy actions
• C) the difficulty of collecting economic data in a timely manner
• D) the time it takes to borrow funds to finance the fiscal policy

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Definitions:

Ethnography

A qualitative research method in anthropology for studying cultures through direct observation, participation, and other immersive methods to understand social practices and beliefs.

Sociologist

A social scientist who studies human societies, their interactions, and the processes that preserve and change them.

Sidewalk

A paved path for pedestrians on the side of a street or road.

Representativeness

The degree to which a particular studied group is similar to, or represents, any part of the larger society.