Which Is NOT a Lag Associated with Fiscal Policy

question 231

Multiple Choice

Which is NOT a lag associated with fiscal policy?

• A) the time it takes to implement a policy once it's decided
• B) the time to collect the data to assess the condition of the economy
• C) the time it takes to assess whether the policy has worked
• D) the time it takes to assess whether to use fiscal or monetary policy

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Definitions:

Minor

A minor is a person who is under the age of legal majority, and thus is considered incapable of certain legal decisions and responsibilities.

Sole Proprietors

Individuals who own an unincorporated business by themselves, assuming complete responsibility for the business’s assets and liabilities.

Subagents

Agents appointed by another agent with the primary agent's permission and acting on behalf of the original client within the scope of the delegated authority.

Two-party Relationship

A contractual or legal relationship involving exactly two parties, often referring to agreements, negotiations, or transactions.