Suppose Policy Makers Are Concerned About a Shortage of Long-Term

question 69

Multiple Choice

Suppose policy makers are concerned about a shortage of long-term capital investment.To remedy the problem,various plans to cut capital gains taxes have been suggested.The delay in picking a plan is called the _____.

• A)implementation lag
• B)policy coordination problem
• C)decision-making lag
• D)recognition lag
• E)effectiveness lag

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Definitions:

Type II Error

In research, the mistake of thinking that one variable does not have an effect on or relationship with another, when really it does.

Empirical Method

A way of gaining knowledge by means of direct and indirect observation or experience.

Type I Error

In research, the mistake of thinking that one variable has an effect on, or relationship with, another variable, when really it does not.

Factor Analytically Derived

Factor analytically derived refers to constructs or variables identified through factor analysis, a statistical method used to explore underlying relationships among observed measures.