The Time It Takes for Policy Makers to Be Sure

question 19

Multiple Choice

The time it takes for policy makers to be sure of what the data are signaling about the future course of the economy is called

• A)the data lag.
• B)the recognition lag.
• C)the legislative lag.
• D)the implementation lag.
• E)the effectiveness lag.

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Definitions:

Immunosuppression

The reduction of the efficacy of the immune system's response, naturally or through medical intervention.

Conditioned Response

A conditioned reaction to a once neutral stimulus that has been paired with an unconditioned stimulus.

Acquisition

The initial stage of learning or conditioning in which a response is established or a skill is begun to be learned.

Contiguity

In psychology, contiguity refers to the closeness or proximity in time or space between two events or stimuli, often associated with classical conditioning.