Which of the following is not a policy lag associated with stabilization policy?
A) The delays in statistical reporting of economic data
B) The time required for Congress or Parliament to pass a budget
C) The time it takes to obtain regulatory approval to market a new pharmaceutical product
D) The gradual completion of new investment by private corporations following an interest rate reduction
E) The interval between a tax cut and the completion of new household expenditures

Question

Quizplus · Accepted Answer

Option C is not a policy lag associated with stabilization policy as it is related to the regulatory approval process for a new pharmaceutical product, which is not related to stabilization policy. The other options (A, B, D, and E) are policy lags associated with stabilization policy.

Which of the Following Is Not a Policy Lag Associated