Question: The time it takes from when a policy is enacted to when it affects the economy is known as: Select one: the effectiveness lag. the

The time it takes from when a policy is enacted to when it affects the economy is known as:
Select one:
the effectiveness lag.
the decision lag.
the recognition lag.
the implementation lag.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Ins makes sophisticated medical equipment. A key component of the equipment is Grade A silver. On May 1, 2016, Ins enters into a firm purchase agreement to buy 1,200,000 troy ounces (equal to 100,000...

Q:

25.) The time it takes for a new policy to register its full impact on an economy after it has been put in force is known as the (worth 1.00) A.) B.) O C.) O D.) O E.) O activity lag decision-making...

Q:

The time it takes for the FOMC to choose a course of action is known as the ____ lag. Select one: a. implementation b. recognition c. effectiveness d. decision

Q:

1. The actual inflation rate minus the ideal inflation rate is known as Select one: a. the natural rate. b. the inflation gap. c. core inflation. d. non-accelerating inflation. 2. High-powered money...

Q:

Question 10 (1 point) Supply-side theory suggests the effects of changes in taxes Lower tax rates lead to an increase in productivity because individuals will work harder and longer, save more, and...

Q:

10 1( point) Supply-side theory suggests the effects of changes in taxes A) Lower tax rates lead ot an increase ni productivity because individuals wil work harder and longer, save more, and invest...

Q:

A government has found that5.5months elapse before it can identify a problem to address with a policy action. It has found that 2.5months are required to determine the appropriate policy...

Q:

Question 19 (2 points) The absolute value of both the government spending multiplier and the tax multiplier will increase if households decide to increase their marginal propensity to consume...

Q:

The time it takes from when a policy is decided upon to when it is put in place is known as the ____ lag. Select one: a. implementation b. recognition c. effectiveness d. decision

Q:

If the ultimate goal of fiscal policy aimed at aggregate supply is achieved, what happens to the aggregate price level and aggregate output? aggregate price level decreases; aggregate output...

Q:

help. need asap i got it wrong first time Question 14 2 pts One limitation of monetary policy is the time in which it takes for the Federal Reserve to get information regarding certain economic...

Q:

All explanations must include the legal theory! Jack contracted Jill to build him a house. He specifically requested that the pipes used are "Bail of Water" brand. Jill constructed the house and...

Q:

Consider again the random variable described in Problem 2.2.4 with a cumulative distribution function of for 0 ¤ x ¤ 4. (a) What is the expected value of this random variable? (b) What...

Q:

provide Accounting question Pure Water Co. sells 10-liter water containers to offices at $12 per container. The fixed costs of operating the business are $90,000, and the variable cost is $0.60 per...

Q:

You should answer the following questions using the IRAC method, and with reference to relevant case authorities, where appropriate. Francis is a kindergarten school boy playing at the school...