Which of the Following Illustrates the Data Lag

question 87

Multiple Choice

Which of the following illustrates the data lag?

• A)The economy turns down on January 8,2006,but policymakers do not figure this out until April 19,2006.
• B)Policymakers wait and see what is really going on with the economy.
• C)Policymakers implement policy X on September 12,2006,but the effects are not felt until six months later.
• D)The data lag is illustrated equally well by a,b,and C

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Definitions:

Corporate Name

The legal name under which a corporation is registered to conduct business.

Articles Of Incorporation

Official papers submitted to a government agency to formally register the establishment of a corporation.

Independent Contractor

A person who is hired to perform a specific undertaking but who is free to choose how and when to perform the work. An independent contractor may or may not be an agent.

Employee

An individual who is hired to perform services or duties for an employer under the terms of a contract of employment.