Which of the Following Is One Reason That Long Time

question 21

Multiple Choice

Which of the following is one reason that long time lags hamper the effectiveness of economic policy?  

• A) because the longer unemployment lasts, the more intense inflation becomes 
• B) because by the time the impact of a policy is felt, a new problem may have come along that requires a different policy, which may make the situation even worse 
• C) because if inflation is allowed to continue for too long, it becomes immune to policy interference 
• D) because if unemployment is allowed to continue for too long, it becomes immune to policy interference

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Definitions:

British and French Empires

Two of the largest and most powerful empires in history, known for their extensive colonies and influence over many parts of the world.

Trade Routes

Paths followed by traders to transport goods from one place to another, often covering great distances and involving multiple modes of transport.

Enlightenment Philosophy

A philosophical movement of the 18th century, emphasizing reason and individualism rather than tradition.

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with government, law enforcement, or organizational leadership roles.