The Economy May Turn Around on Its Own Before a New

question 191

Multiple Choice

The economy may turn around on its own before a new policy registers its full impact primarily because of the

• A)recognition lag
• B)decision-making lag
• C)effectiveness lag
• D)implementation lag
• E)time lag

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Definitions:

Endergonic

A chemical reaction in which the standard change in free energy is positive, and energy is absorbed from the surroundings.

Exergonic

Describes a reaction that ends with a net release of free energy.

Oxidized

A chemical process where a molecule, atom, or ion loses electrons, often leading to its reaction with oxygen.

Reduced

Often refers to the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.