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Refer to the Information Provided in Figure 14

Question 4

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Refer to the information provided in Figure 14.1 below to answer the questions that follow. 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 at time t<sub>2 </sub>that the economy is contracting too fast, but the policy changes start affecting the economy at t<sub>4</sub>, then the policy will be A) inappropriate. B) well timed. C) ineffective. D) optimal. Figure 14.1
-Refer to Figure 14.1. If policy makers decide at time t2 that the economy is contracting too fast, but the policy changes start affecting the economy at t4, then the policy will be


A) inappropriate.
B) well timed.
C) ineffective.
D) optimal.

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