The Data Lag Is

question 11

Multiple Choice

The data lag is

• A)the time it takes for policy makers to obtain data indicating what is happening in the economy.
• B)the time it takes for policy makers to be sure of what the data are signaling about the future course of the economy.
• C)the time it takes to pass legislation to implement a particular policy.
• D)the time it takes for policy makers to change policy instruments once they have decided on the new policy.
• E)the time it takes for the policy actually to have an impact on the economy.

Recognize the role and authority of the U.S. Army Corps of Engineers in managing wetlands.

Grasp the concepts of liability under environmental statutes such as CERCLA.

Interpret the responsibilities of new sources regarding pollution control equipment.

Identify the common law theories applicable to environmental liabilities.

---

Definitions:

Search Warrant

A legal document issued by a judge or magistrate that authorizes law enforcement to conduct a search of a person or location for evidence of a crime.

Substantive Due Process

A principle allowing courts to protect certain fundamental rights from government interference, under the due process clauses of the Constitution.

Procedural Due Process

A legal doctrine that requires government officials to follow fair procedures before depriving a person of life, liberty, or property.

Self-Incrimination

The act of implicating oneself in a crime, which is protected against under the Fifth Amendment of the U.S. Constitution.