Definition Of Policy Lag
Which of the following best describes a policy lag?
A
The amount of time required for a policy to be drafted by Congress.
B
The amount of time required for a policy to be implemented.
C
The extent to which the money supply should be reduced during a recession.
D
The tendency of the government to raise taxes more frequently than it lowers them.
Question Leaderboard
Not enough data yet to show leaderboard.