The Recognition Lag Refers to The

question 32

Multiple Choice

The recognition lag refers to the:

• A)time taken for changes in the money supply to be translated into changes in real GDP.
• B)time taken by policymakers to formulate an appropriate policy to solve an economic problem.
• C)time taken by policies to have an impact on the different macroeconomic variables.
• D)time taken by policymakers to recognize that an economic problem exists.
• E)natural difference between monetary policy timing and fiscal policy timing.