Answer the Question on the Basis of the Following Sequence

question 67

Multiple Choice

Answer the question on the basis of the following sequence of events involving fiscal policy: (1) The composite index of leading indicators turns downward for three consecutive months, suggesting the possibility of a recession.(2) Economists reach agreement that the economy is moving into a recession.(3) A tax cut is proposed in Congress.(4) The tax cut is passed by Congress and signed by the president.(5) Consumption spending begins to rise, aggregate demand increases, and the economy begins to recover.The administrative lag of fiscal policy is reflected in events

• A)1 and 2.
• B)2 and 3.
• C)3 and 4.
• D)4 and 5.

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Definitions:

Home Network

A digital network within a household that connects devices such as computers, phones, and entertainment systems to each other and the internet.

NAS

Network Attached Storage, a file-level storage architecture connected to a computer network providing data access to a group of clients.

Data Backup

The process of copying or archiving files and data so they can be restored in the event of data loss, which can be due to system failure, data corruption, or disasters.

File Sharing

The practice of distributing or providing access to digital media, such as documents, images, videos, or music, over a network.