In the Conduct of Macroeconomic Policy, What Are the Four

question 55

Multiple Choice

In the conduct of macroeconomic policy, what are the four lags that complicate the timing of the policy's implementation?  

• A) the recognition lag, the decision-making lag, the correction lag, and the feedback lag 
• B) the statistical lag, the decision-making lag, the implementation lag, and the effectiveness lag 
• C) the recognition lag, the decision-making lag, the implementation lag, and the effectiveness lag 
• D) the statistical lag, the decision-making lag, the correction lag, and the effectiveness lag

---

Definitions:

Global Virtual Team

A group of individuals who work across time zones, physical distance, and organizational boundaries through electronic communication technology.

Emotions And Sentiments

Feelings that are part of human experience, affecting perceptions, decisions, and interactions with others.

Global Teams

Teams that are composed of members from different geographical locations and often work across time zones via digital communication tools.

Virtual Teams

Collaborative groups that operate and interact primarily through electronic communications, overcoming geographical and temporal barriers.