An Implementation Lag Is the Time It Takes

question 27

Multiple Choice

An implementation lag is the time it takes:

• A)for policy makers to decide what to do.
• B)for the chosen policy to have its full impact on the economy.
• C)to identify trouble in the economy and to assess its severity.
• D)to put a selected policy into action.
• E)before a policy's effects on the economy are noticed by ordinary people.

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Definitions:

Achievements

Accomplishments or successes that are achieved through effort, skill, or courage.

Idiographic Goals

Unique, personal objectives that are specific to an individual's desires and life circumstances, guiding their behavior in a deeply personal way.

Nomothetic Goals

Objectives or aims that apply universally, seeking to establish general laws and principles about human behavior.

Strategic

Pertaining to the identification of long-term goals and the creation of plans to achieve these goals, often in the context of business or military operations.