The Time Between a Shock to the Economy and the Policy

question 43

Multiple Choice

The time between a shock to the economy and the policy action responding to that shock is called the:

• A) automatic stabilizer.
• B) time inconsistency of policy.
• C) inside lag.
• D) outside lag.

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Definitions:

Person Analysis

A process for determining individuals' needs and readiness for training.

Performance Feedback

The communication process in which evaluations and opinions about an individual's job performance are shared with them.

Person Analysis

The process of evaluating individual employee's development needs, skills, and performance to tailor training and improvement initiatives.

Impediments

Obstacles, barriers, or factors that hinder progress or achievement of a goal.