One Timing Problem in Using Fiscal Policy to Counter a Recession

question 202

Multiple Choice

One timing problem in using fiscal policy to counter a recession is the "recognition lag" that occurs between the

• A)start of the recession and the time it takes to recognize that the recession has started.
• B)start of a predicted recession and the actual start of the recession.
• C)time fiscal action is taken and the time that the action has its effect on the economy.
• D)time the need for the fiscal action is recognized and the time that the action is taken.

Comprehend the mechanisms driving water movement in plants.

Discuss the different types of wood and their roles in water and mineral conduction.

Understand the process, direction, and energy requirement of transpiration and translocation in plants.

Understand the concept of economies of scale and how it affects production costs.