Multiple Choice
Time lags associated with policy decision making and implementation suggest that:
A) increases in spending to fight a recessionary gap can be timed correctly.
B) increases in spending to fight a recessionary gap may occur too early.
C) increases in spending to fight a recessionary gap may occur too late.
D) most information is old before the public is aware of it.
Correct Answer:

Verified
Correct Answer:
Verified
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