The Inside Lag Is the Time

question 62

Multiple Choice

The inside lag is the time:

• A) before automatic stabilizers respond to economic activity.
• B) after automatic stabilizers respond to economic activity.
• C) between a shock to the economy and the policy action responding to the shock.
• D) between a policy action and its influence on the economy.

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Definitions:

John Watson

A pioneering figure in psychology known for establishing the behaviorist school of thought.

Dog Biscuit

A hard, baked, nutritionally balanced treat made specifically for dogs' consumption.

Behaviourism

A field of psychology that focuses on observable behaviors and disregards internal processes such as thoughts and emotions.

Psychological Perspective

An approach in psychology focusing on the mental processes and behaviors of individuals, encompassing various theories and methodologies.