Which of the Following Terms Is Used to Describe Unpredictable

question 74

Multiple Choice

Which of the following terms is used to describe unpredictable, large-scale events that create a great deal of stress and feelings of threat?

• A) major life changes
• B) catastrophes
• C) hassles
• D) eustress

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Definitions:

Implementation Lag

The time between the identification of a need for a policy and the moment the policy takes effect.

Fiscal Policy

Governmental adjustment of its spending levels and tax rates to monitor and influence a nation's economy.

Monetary Policy

Monetary policy involves the management of a nation's money supply and interest rates by its central bank to influence economic activity, inflation, and unemployment.

Effectiveness Lag

The delay between the time a policy or action is implemented and when its effects are observed and felt in the economy or targeted area.