The time required for Congress and the President to realize that fiscal policy measures are needed to effectively deal with a recession is called the

A) political lag
B) education lag
C) recognition lag
D) decision lag

Question

Julie Reyes · Accepted Answer

Final Answer : C, Explanation :  The time required for Congress and the President to recognize that fiscal policy measures are needed to address a recession is called the recognition lag. It refers to the time between the onset of a problem and its recognition by policymakers. This lag can be influenced by many factors like data availability, the complexity of the issue, and the speed at which information is disseminated.

The time required for Congress and the President to realize that fiscal policy measures are needed to effectively deal with a recession is called the

A) political lag
B) education lag
C) recognition lag
D) decision lag

Definitions

Learning Objectives

Learning Objectives

Related questions

The time required for Congress and the President to realize that fiscal policy measures are needed to effectively deal with a recession is called theA) political lagB) education lagC) recognition lagD) decision lag

Definitions

Learning Objectives

Learning Objectives

Related questions

The time required for Congress and the President to realize that fiscal policy measures are needed to effectively deal with a recession is called the

A) political lag
B) education lag
C) recognition lag
D) decision lag