The Lag That Occurs Between Changes in Relative Prices and the Quantities

question 83

Multiple Choice

The lag that occurs between changes in relative prices and the quantities of goods traded is the

• A) Recognition lag
• B) Recovery lag
• C) Implementation lag
• D) Legislative lag

---

Definitions:

Transference

In psychology, the redirection of feelings and desires, especially those unconsciously retained from childhood, onto a new object or person.

Gamblers Anonymous

A support group dedicated to helping individuals with gambling problems seek recovery through a mutual aid approach.

Adult Children

Individuals who are legally adults but are referred to in context as children relative to their parents or family structure.

Reach to Recover

Reach to Recover implies a process or initiative aimed at helping individuals return to a state of health, normality, or stability after a period of difficulty.