The Effectiveness Lag Is the Time Between

question 75

Multiple Choice

The effectiveness lag is the time between

• A) the implementation of a policy and when the impact of the policy is felt.
• B) the enactment of a policy and the implementation of the policy.
• C) realizing a policy is needed and enacting the policy.
• D) the occurrence of an event and policymakers realizing the event has occurred.

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Definitions:

Standard Normal Distribution

A statistical distribution that has a mean of zero and a standard deviation of one, used in hypothesis testing and other statistical analyses.

Z-scores

A measure that describes a value's relationship to the mean of a group of values, expressed in units of standard deviation.

Standard Normal Distribution

A probability distribution that has a mean of 0 and a standard deviation of 1, representing a standardized version of the normal distribution.