Which of the Following Is Likely to Have the Shortest

question 1

Multiple Choice

Which of the following is likely to have the shortest transmission lag?

• A)a change in personal income tax rates
• B)a change in government expenditures
• C)an increase in subsidies paid to firms
• D)an increase in public-service employment

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Definitions:

Negative Association

A relationship between two variables in which one variable increases as the other decreases.

Moderately Strong Association

Indicates a significant but not perfect relationship between two variables, often quantified by correlation coefficients.

Positive Association

A relationship between two variables in which they increase or decrease together.

Little or No Association

A statistical term indicating a weak or nonexistent relationship between two variables.