Author Question: A recession begins in July but government policy makers do not reach a consensus that a recession ... (Read 35 times)

Diane · **on:** Jun 30, 2018

A recession begins in July but government policy makers do not reach a consensus that a recession had in fact begun until October. This is an example of a(n)

A) quick time lag. B) recognition time lag.
C) effect time lag. D) action time lag.

Question 2

Expansionary fiscal policy leads to a ________.

A) leftward shift of the labor supply curve B) rightward shift of the labor demand curve
C) leftward shift of the labor demand curve D) rightward shift of the labor supply curve