Question: . C) Decision lag - the time it takes for Congress to pass a budget and the president to sign it. . D) Effectiveness lag


. C) Decision lag - the time it takes for Congress to pass a budget and the president to sign it. . D) Effectiveness lag - the time between the implementation of the policy and the economy's response to the policy. QUESTION 7 Another problem is that, because fiscal policy must be passed by Congress, it has become a A) political tool, designed to get Congresspersons reelected, rather than a purely economic tool. As a result, budgetary B) are the norm and budgetary C) the rare exception. QUESTION 8
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