Examlex
Which of the following statements is false?
Recognition Lag
Recognition Lag is the time it takes for policymakers to identify an economic problem.
Fiscal Policy
Government policies related to taxation and spending to influence the economy, including measures to adjust the level of aggregate demand in the pursuit of economic objectives.
Vice-President
An official or executive ranking below the president of a country or a company, often with delegated duties or powers and serving as a successor in case the president cannot serve.
Automatic Stabilizers
Economic policies and programs designed to balance fluctuations in a nation's economic activity without additional intervention, such as unemployment benefits and progressive taxes.
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