Which of the Following Is Not a Policy Lag Associated

Multiple Choice

Which of the following is not a policy lag associated with stabilization policy?

A) The delays in statistical reporting of economic data
B) The time required for Congress or Parliament to pass a budget
C) The time it takes to obtain regulatory approval to market a new pharmaceutical product
D) The gradual completion of new investment by private corporations following an interest rate reduction
E) The interval between a tax cut and the completion of new household expenditures