An Implementation Lag Is the Time It Takes

question 27

Multiple Choice

An implementation lag is the time it takes:

• A)for policy makers to decide what to do.
• B)for the chosen policy to have its full impact on the economy.
• C)to identify trouble in the economy and to assess its severity.
• D)to put a selected policy into action.
• E)before a policy's effects on the economy are noticed by ordinary people.

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Definitions:

Public Works Projects

Government-funded projects designed to build or improve public infrastructure such as roads, bridges, schools, and utilities, often to stimulate economic growth and employment.

Federal Government

The national government of a federal state, where powers are divided between the central government and regional governments.

Presidential Election

The process by which a country or a political entity selects the president, often through a popular vote or an electoral college system.