What Do the Legislative and Implementation Lags Have in Common

question 45

Multiple Choice

What do the legislative and implementation lags have in common?

• A)They are both more important for monetary than fiscal policy.
• B)They are both more important for fiscal than monetary policy.
• C)They are both harder to measure but less variable than the effectiveness lag.
• D)They both take place before the data and recognition lags.
• E)none of the above

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Definitions:

Proportion

Represents a part or fraction of a whole, often expressed as a percentage or ratio.

Sample Size

The quantity of observations accumulated in a sample originating from a broader population.

Population Proportion

A measure that represents the fraction of the total population possessing a certain characteristic or attribute.

Maximum Allowable Error

The largest error that is tolerated in the results of a measurement, maintaining the results within an acceptable range.