Between the data lag and the legislative lag falls the __________ lag.
A) effectiveness
B) wait-and-see
C) expansionary
D) transmission

Question

Quizplus · Accepted Answer

The wait-and-see lag refers to the delay in policy response that occurs when policymakers are uncertain about the effectiveness of new laws or policies. They prefer to wait and observe the outcomes of existing laws before taking further action. This lag can prolong the overall process of policy implementation and hinder the effectiveness of policymaking.

Between the Data Lag and the Legislative Lag Falls the __________