What Do the Legislative and Implementation Lags Have in Common

question 45

Multiple Choice

What do the legislative and implementation lags have in common?

• A)They are both more important for monetary than fiscal policy.
• B)They are both more important for fiscal than monetary policy.
• C)They are both harder to measure but less variable than the effectiveness lag.
• D)They both take place before the data and recognition lags.
• E)none of the above

---

Definitions:

Sensory

Relating to sensation or the physical senses; transmission and perception of sensory information.

Neurological

Pertaining to the nervous system and its diseases or disorders.

Cooing

The early vocalization of babies that involves the production of soft, melodious sounds, typically occurring between 2 to 4 months of age.

Cognitive Development

The construction of thought processes, including remembering, problem-solving, and decision-making, from childhood through adolescence to adulthood.