The Recognition Lag of Stabilization Policy Represents

question 75

Multiple Choice

The recognition lag of stabilization policy represents

• A) the time that is necessary to put the desired policy into effect.
• B) the time needed for the Federal Reserve Board to meet.
• C) the time that it takes for the economy to adjust to the new conditions after a new policy is introduced.
• D) the time that it takes for policy makers to recognize a change in the economy.

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