(1)The Composite Index of Leading Indicators Turns Downward for Three

question 86

Multiple Choice

(1) The composite index of leading indicators turns downward for three consecutive months; (2) Economists reach agreement that the economy is moving into a recession; (3) A tax cut is proposed in Parliament; (4) The tax cut is passed by Parliament; (5) Consumption spending begins to rise,aggregate demand increases,and the economy begins to recover.
-Refer to the above information.The recognition lag of fiscal policy is reflected in events:

• A) 1 and 2.
• B) 2 and 3.
• C) 3 and 4.
• D) 4 and 5.

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Definitions:

Actual Parameters

Values that are passed to a function when it is called.

Actual Arguments

The actual values or expressions passed to a function or procedure at the time of call.

Pass By Value

A method of passing arguments to functions where the actual data is copied, ensuring that the original data remains unchanged.

Pass By Reference

A method of passing arguments to functions where the function can modify the actual value of the variable by having its address.