The time required _____ is not a time lag associated with using discretionary policy to correct an economic problem.
A) to recognize a problem
B) to decide how to handle a problem
C) to set a policy change in action
D) for a policy to affect economic variables
E) to observe public reaction after a policy announcement is made

Question

Quizplus · Accepted Answer

The time to observe public reaction after a policy announcement is not typically considered a time lag in the implementation of discretionary policy. The other options (A, B, C, D) are recognized stages where delays can occur in the policy process.

The Time Required _____ Is Not a Time Lag Associated