The time period between when economic conditions change and when policy makers are aware of the change is called the
A) index of leading indicators.
B) administrative lag.
C) recognition lag.
D) impact lag.

Question

Quizplus · Accepted Answer

The period between when economic conditions change and when policy makers are aware of the change is called the recognition lag. This can be due to data collection and analysis, as well as the complexity of the economy and its various indicators.

The Time Period Between When Economic Conditions Change and When