An Implementation Lag Is

question 201

Multiple Choice

An implementation lag is

• A) the time it takes to see if that there has been a shock to the economy.
• B) the time it takes the Fed or Congress to change economic policy.
• C) the time it takes for a new economic policy to affect behavior in the economy.
• D) none of the above

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Definitions:

Fear Reduction

The process of diminishing the emotional and physiological response to a perceived threat.

Ice Pops

Frozen treats made from flavored water or juice, often consumed during hot weather.

"Hickory Dickory Dock"

A traditional English nursery rhyme about a mouse running up a clock.

Operant Behavior

A type of behavior that is controlled by its consequences, including rewards and punishments.