Which of the Following Is True of Lags Associated with Discretionary

question 46

Multiple Choice

Which of the following is true of lags associated with discretionary policy?

• A)Such lags extend only from the time a problem occurs in the economy through the time it is recognized by the government.
• B)Such lags extend only from the time a problem is recognized by the government through the time an agreed-on policy is approved of.
• C)Such lags extend only from the time a policy is approved through the time the policy is implemented.
• D)Such lags can be reduced by taxation.
• E)Such lags extend only from the time a problem occurs in the economy through the time a corrective policy has an impact on the economy.

Recognize the extent of lemon laws, including coverage for used cars and motorcycles.

Comprehend the roles and formation of the Consumer Financial Protection Bureau.

Identify consumer rights under the Fair Credit Reporting Act.

Understand consumer obligations and rights after signing contracts and the specifics of rescinding contracts.

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Definitions:

Value-Based Power

is a form of influence derived from aligning leadership and decision-making with core values and principles.

Substantive Power

The capability to effect substantive changes in a given context, typically through the possession of resources, authority, or influence.

Qualitative and Quantitative Data

Qualitative data refers to non-numerical information that describes characteristics or qualities, while quantitative data consists of numerical information that can be measured and analyzed statistically.

Threatening Techniques

Methods employed to inflict fear or force an action or compliance from others, often used as a form of manipulation or control.