Examlex
Which of the following is not a take-home principle in the field of social development?
Recognition Lag
The time it takes for policymakers to identify an economic issue or trend that requires intervention.
Active Policy
Economic strategies and measures actively implemented by a government to influence the economy, such as adjusting tax rates or spending.
Decision-making Lag
The delay between recognizing an economic issue and implementing policy actions to address it.
Recognition Lag
The time delay between when an economic problem arises and when it is officially recognized.
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