Refer to the Information Provided in Figure 14

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 policy makers decide to on a policy at Point t₅ but it does not affect the economy until period t₇, then the policy choice is likely to be

A) ineffective.
B) optimal.
C) inappropriate.
D) none of the above