The Amount of Time That It Takes to Identify a National

question 178

Multiple Choice

The amount of time that it takes to identify a national economic problem is

• A) fiscal policy.
• B) the recognition time lag.
• C) the effect time lag.
• D) the action time lag.

---

Definitions:

Consistent Behavioural Style

A pattern of behavior or actions that are uniform and predictable over time in similar situations.

Majority Norm

The standard or typical behaviors, attitudes, and beliefs adopted by the majority of members within a social group or society.

Pig-Headedness

A stubborn refusal to change one’s opinion or course of action, regardless of external arguments or evidence to the contrary.

Expressed Views

Opinions, thoughts, or beliefs that are communicated or made known.