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In the Conduct of Macroeconomic Policy, What Are the Four

Question 55

Multiple Choice

In the conduct of macroeconomic policy, what are the four lags that complicate the timing of the policy's implementation?  


A)  the recognition lag, the decision-making lag, the correction lag, and the feedback lag 
B)  the statistical lag, the decision-making lag, the implementation lag, and the effectiveness lag 
C)  the recognition lag, the decision-making lag, the implementation lag, and the effectiveness lag 
D)  the statistical lag, the decision-making lag, the correction lag, and the effectiveness lag

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