The text book describes various types of lags that may slow the response of Congress when the economy enters a recession. Which of the following describes the time required for Congress to recgonize that the economy is experiencing a recession? Recognition lag Legislative lag Presidential lag Implementation lag

The text book describes various types of lags that may slow the response of Congress when the economy enters a recession. Which of the following describes the time required for Congress to recgonize that the economy is experiencing a recession? Recognition lag Legislative lag Presidential lag Implementation lag

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government

Section: Chapter Questions

Problem 5QP

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