In Fiscal Policy, the Inside Lags Can Take a Long

question 84

Multiple Choice

In fiscal policy, the inside lags can take a long time because:

• A) macroeconomic data take time to gather and can be unreliable.
• B) changes in taxes and government spending require approval from Congress and the president.
• C) consumers are usually slow in spending their tax rebate checks.
• D) A and B are both correct.

---

Definitions:

Schemas

Cognitive frameworks or concepts that help individuals organize and interpret information.

Cultures And Religions

The beliefs, practices, rituals, and moral codes that characterize different human societies and their spiritual beliefs.

Roles

Roles refer to the behaviors, obligations, and privileges associated with a social position or status within a group or society.

Female Faces

Refers to the specific facial features and characteristics that are typically associated with female gender, often studied in the context of attractiveness and social perception.