Examlex
Describe the important features and applications of SQL functions.
Recognition Lag
The time delay between when an economic problem arises and when it is officially recognized.
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.
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