Multiple Choice
Refer to the information provided in Figure 14.1 below to answer the questions that follow. 
Figure 14.1
-Refer to Figure 14.1. If the economy is actually at Point G but policy makers think that it is still at Point E, this is an example of
A) economic policies ineffectiveness.
B) response lag.
C) implementation lag.
D) recognition lag.
Correct Answer:
Verified
Correct Answer:
Verified
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