A Recognition Lag Happens Because

question 110

Multiple Choice

A recognition lag happens because

• A) it takes time to recognize the true long-run growth rate in the economy.
• B) it is difficult to determine when the economy is turning up or down.
• C) in most nations,one or more governing bodies must approve government spending or new tax policies.
• D) it takes time for the complete effects of monetary and fiscal policy to materialize.
• E) it is difficult to recognize what the unemployment rate is.

---

Definitions:

Long-Term Storage

The phase of memory in which information is retained for extended periods of time, potentially indefinitely.

Chunking

is a method of organizing information into smaller, more manageable units or chunks, making it easier to remember and process.

Semantic Memories

Long-term memory processes that store general world knowledge, facts, concepts, and meanings about words and objects.

Hippocampus

A major component of the brain located in the temporal lobe, primarily responsible for memory formation and spatial navigation.