Examlex
Jose is a chronic user of cocaine.Which of the following negative consequences might he experience?
Policy Lags
The delay between the identification of a need for economic policy intervention and the actual effect of the policy on the economy.
Stabilization Policies
Government strategies aimed at maintaining economic stability by reducing inflation and unemployment.
Political Business Cycle
The concept that elected officials may induce expansions of the economy before elections to improve their chances of re-election.
Central Bank
The primary monetary authority of a country, which manages the nation's currency, money supply, and interest rates.
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