The Effectiveness Lag Is

question 25

Multiple Choice

The effectiveness 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.

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Definitions:

Radiopaque Contrast Medium

A substance used in medical imaging to improve the visibility of internal structures in radiographic procedures.

Spinal Cord

The central nerve trunk that extends from the brain down through the vertebral canal and is responsible for transmitting messages between the brain and the rest of the body.

X-Ray Record

A medical image created by using X-rays to visualize the internal structure of the body, often used for diagnostic purposes.

Vacuum Tube

An electronic device that controls the flow of electricity in a vacuum between electrodes to which an external voltage is applied.