Suppose That Policy Makers Are Concerned About a Shortage of Long-Term

question 37

Multiple Choice

Suppose that policy makers are concerned about a shortage of long-term capital investment.To remedy the problem,various plans to cut capital gains taxes have been suggested.The delay in picking a plan is called the

• A)implementation lag
• B)policy coordination problem
• C)decision-making lag
• D)recognition lag
• E)effectiveness lag

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Definitions:

Character Displacement

The tendency for two similar species to diverge (become more different) in areas where their ranges overlap; reduces interspecific competition.

Limiting Resource

An environmental resource that because it is scarce or unfavorable tends to restrict the ecological niche of an organism.

Genetic Mutations

Permanent alterations in the DNA sequence that makes up a gene, leading to variations in the phenotype of an organism, which can be beneficial, neutral, or harmful.

Precipitation

Any form of water, liquid or solid, that falls from the atmosphere and reaches the ground, including rain, snow, sleet, and hail.