Recognition Lag,implementation Lag,and Impact Lag Are All Examples of

question 158

Multiple Choice

Recognition lag,implementation lag,and impact lag are all examples of

• A) crowding-out.
• B) savings shifts.
• C) time lags that accompany policy decisions.
• D) automatic stabilizers.
• E) fiscal policies.

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Definitions:

Availability

The extent to which a product, service, or resource is accessible and usable upon demand.

Tertiary Sector

represents the part of the economy concerned with services, as opposed to the extraction of raw materials or manufacturing.

Economy

The organized system of human activity involved in the production, consumption, and distribution of goods and services within a certain area or country.

Dishwasher

A machine used for automatically washing dishes and utensils.