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Strong networks have been linked to better health and longer life expectancy.
Implementation Lag
The time delay between when a policy or economic strategy is decided upon and when it is actually put into effect.
Effectiveness Lag
The delay between the time a policy measure is implemented and the time the measure has its intended effect on the economy.
Activity Lag
The delay between the time a particular economic policy is enacted and the time when its full effects are observed in the economy.
Passive Policy
An economic policy approach that involves minimal intervention by the government in the economy, allowing market forces to operate without active guidance or stimulus.
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