Refer to the Information Provided in Figure 15

Multiple Choice

Refer to the information provided in Figure 15.1 below to answer the questions that follow.
Figure 15.1
-Refer to Figure 15.1.If the economy is actually at Point C but policy makers think that it is still at Point B,this is an example of

A) economic policies ineffectiveness.
B) recognition lag.
C) implementation lag.
D) response lag.